In order to unlock the potential of cities and increase private sector growth, the Government will need to adopt a radical new approach to economic development.
Showing 51–60 of 61 results.
Since the announcement of the LGRR consultation, the Centre for Cities has been an active researcher, collaborator and discussant about the proposed measures. Our research provides a well-rounded and thoughtful response to the LGRR consultation, as summarised here.
The LGRR has the potential to transform the way that local government finances are allocated in the future and opens up the opportunity for London local authorities to work together in a pan-London business rates pool.
The Government has the opportunity to create a simple, strong, long-term financial incentive for growth. Eric Pickles has started out in the right direction, yet there still remains room for improvement.
With the right design, the NHB and LGRR can create financial incentives for growth that benefit Britain’s cities, and the UK economy as a whole.
It’s good to see national government putting tangible powers on the table with the potential to deliver on the rhetoric around localism.
The next government will be forced to make tough choices about where and how to spend scarce public sector resources. With a general election imminent, now is the time to set out what the top priorities should be.
Financial Devolution for Local Growth is an independent survey of public and private sector leaders’ views on new funding tools for urban investment.
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.
This paper sets out the Lyons Inquiry's headline conclusions and examines the Government's immediate reaction, and what will happen next.