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.
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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.
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.
This article is taken from a new book on devolution from the Smith Institute, edited by Geoff Mulgan and Fran Bury of the Young Foundation. In it, Dermot Finch argues for bold steps towards differential financial devolution, with more powers for our biggest city-regions.
This paper sets out the Lyons Inquiry's headline conclusions and examines the Government's immediate reaction, and what will happen next.
This book aims to promote a better understanding of who will live in the Growth Areas, what their aspirations and needs will be, and how we can meet them.
While recent performance in England's Northwest has been higher than the average for other English regions, the region is still not contributing what it could to the UKs economy, and serious economic and social problems remain.
City Leadership concludes that Britains current level of centralisation is holding cities back, with consequences for the national economy as a whole ... and identifies greater financial autonomy as a top priority, especially for our biggest city-regions.
This paper argues that the expanded Lyons Inquiry is an opportunity that should not be wasted. Instead of political manoeuvring, its time to develop concrete reforms beginning with the devolution of real power and resources to Britain's cities.