LEP shake up proposed by ministers

Ministers have put forward new proposals for Local Enterprise Partnerships (LEPs) to supercharge economic growth and drive forward investment in local businesses.

The Strengthened Local Enterprise Partnerships review proposes a number of changes to boost the performance of LEPs, including up to £20 million of additional funding between 2018-2019 and 2019-2020 to support the implementation of these changes and embed evidence in Local Industrial Strategies, as well as a mandate for LEPs to submit proposals for revised geographies including removing situations in which 2 LEP geographies overlap.

Local Growth Minister Jake Berry said: “We’ve committed over £9 billion to help LEPs through 3 rounds of Growth Deals to deliver on their investment priorities, while creating new and exciting economic opportunities for local businesses and communities across the country. This landmark shake-up of our local enterprise partnerships will help us deliver on our pledge to deliver over £12 billion through the Local Growth Fund by 2021 while allowing LEPs to use their local knowledge to deliver inclusive growth.”

Communities Secretary James Brokenshire added said: “This publication of the Strengthened Local Enterprise Partnerships policy represents a step change in approach for LEPs. We will continue our work to strengthen these leading institutions to develop ambitious strategies for growth and build an economy which is fit for the future.”

Event Diary

UKREiiF has quickly become a must-attend in the industry calendar for Government departments and local authorities.

The multi-award-winning UK Construction Week (UKCW), is the UK’s biggest trade event for the built environment that connects the whole supply chain to be the catalyst for growth and positive change in the industry.

The organisers of the world’s largest dedicated hydrogen event, World Hydrogen 2024 Summit & Exhibition have announced it’s return to Rotterdam in May 2024, with an expansion of a whole extra summit day. Sustainable Energy Council (SEC) are partnering with the Government of the Netherlands, the Province of Zuid-Holland, the City of Rotterdam, and the Port of Rotterdam to host an extended, larger scale Summit in 2024, to expand the event to meet the surging demand.