Government renews commitment to decentralise
The Chancellor of the Exchequer delivered the Government’s Autumn Statement today.
Commenting on the statement LEP Chairman James Newman said:
“The LEP welcomes the Chancellor’s Autumn Statement and his renewed commitment to rebalancing the UK economy by decentralising powers and funding.
“Whilst we are pleased that the national economy is moving in the right direction, we recognise that further ‘difficult decisions’ will be needed in 2014, and urge the Government to follow through on their commitment to devolution.
“We support the Chancellor’s focus on supporting business growth through increases in funding for exports and innovation.
“We will welcome more detail on the allocations of funding as we develop our Strategic Economic Plan ahead of the Government’s deadline later this month.”