A new report reveals that the Government's target of three million homes by 2020 is under threat - unless councils and private sector investors take a front seat in building and managing these new homes.
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Financial Devolution for Local Growth is an independent survey of public and private sector leaders’ views on new funding tools for urban investment.
This week NESTA released Innovation and the city: How innovation has developed in five city-regions. This was written for NESTA by the Centre for Cities.
Cities Outlook 2008 looks back at the recent economic performance of UK cities as well as the main policy milestones of 2007. It also looks ahead to the prospects for UK cities in 2008 and beyond.
The case for better transport investment: agglomeration and growth in the Leeds City Region shows that the potential returns on transport investment in British cities are going uncounted and unrecognised by transport planners.
This report considers the existing delivery arrangements currently available to local authorities, and asks whether new delivery vehicles – such as Local Asset-Backed Vehicles (LABVs) – are needed to lever in the resources and skills required to deliver local growth. It is part of the joint City Solutions project undertaken by Centre for Cities and PricewaterhouseCoopers LLP.
There is no doubt that London plays an important role in the UK economy, and has been a key driver of economic growth. But how much of London’s recent economic growth spills out to other parts of the UK?
SBR should be a stepping stone to greater financial devolution. But more radical changes to the local financial tool-kit will depend on SBR’s success, so it’s important to get the policy right. A permissive framework, with clear minimum standards, legal safeguards for businesses, and the option to hold a local vote, is the only way to build on the emerging consensus between business and local authorities. Otherwise, England’s cities and towns could miss a golden opportunity to lay the foundations for future economic growth.
Supplementary Business Rates (SBRs) have recently been proposed as a mechanism to allow cities to generate additional funds for infrastructure investment. This paper presents new analysis that illustrates their possible contribution and the main challenges that must be tackled by city leaders, business and central government if SBRs are to finance local growth. It is part of the joint City Solutions project undertaken by Centre for Cities and PricewaterhouseCoopers LLP.
Following the OECD Review of Newcastle in the North East (July 2006), Newcastle City Council commissioned the Centre for Cities and IPPR North to produce a follow-up, independent assessment of progress made over the past year.