Speeches

Sir Bob Russell – 2014 Parliamentary Question to the Deputy Prime Minister

The below Parliamentary question was asked by Sir Bob Russell on 2014-02-24.

To ask the Deputy Prime Minister, what progress he has made on identifying areas not included in the first or second wave of the City Deals programme as eligible for subsequent initiatives.

Greg Clark

Building on the successes of City Deals, all 39 Local Enterprise Partnerships (LEPs) have been invited to develop Strategic Economic Plans to set out what needs to be done to boost growth in their area.

As part of each Strategic Economic Plan, a Growth Deal bid is being developed for negotiation with central government for the allocation of the Local Growth Fund.

The Local Growth Fund will be at least £2 billion a year from 2015/16. As a result of this, all parts of England are able to access and benefit from this initiative.