Sheffield City Region welcomes Lord Heseltine’s LEP recommendations

Published 31st October 2012 at 12:43pm

The Sheffield City Region Local Enterprise Partnership (LEP) is giving its support to Lord Heseltine’s report into UK growth policy.

James Newman, Chairman of the Sheffield City Region, Local Enterprise Partnership (LEP), said:

“The Sheffield City Region LEP supports Lord Heseltine’s recommendations to expand the economic leadership role and funding on offer to LEPs.

“This report clearly endorses the principle that private-public partnership is the best way to deliver economic growth, and its recommendations reflect the vast economic potential of an appropriately funded and resourced LEP.

“This is a lengthy report with almost a hundred recommendations which, if implemented, would permanently change the way that local authorities, central government and the private sector work together.  The LEP Board looks forward to fully examining its opportunities and challenges, including Lord Heseltine’s recommendation relating to redefining economic boundary areas.

“We completely agree with the report’s overarching principle of localism – devolving powers and funding to local politicians and business leaders, who work together for the benefit of the City Region, is critical in rebalancing the UK’s economy.

“We also agree that strong public-private partnerships, such as the Sheffield City Region LEP, are ideally placed to prepare the strategic plans for our local economies.

“The report’s recommendation about public-private representation in LEPs is already reflected by the strength and balance of our Board. It is this true collaboration that will deliver substantial economic growth and real jobs to the Sheffield City Region and to LEP areas across the country.”

Click here to read the full Heseltine Report.

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