Budget Submission 2014

This Budget provides an opportunity for high-impact decisions that deliver benefits to the economy in the short-term. But to secure a sustainable economic recovery, and given the ambition to eliminate the deficit by 2018-19, it is also an opportunity to signal a long-term commitment to giving our cities the powers they need to drive growth locally, and adapt national policy to local circumstances.

We would recommend that the Government:

• Increase the size of the Single Local Growth Fund to £5 billion per year from 2015
• Boost high-skilled jobs by creating a new City Centre Growth Fund
• Create single property boards at city level
• Pilot a system of city-visas