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Heseltine calls for £58bn LEP fund

31st October 2012

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Lord Heseltine

Lord Heseltine

FORMER deputy prime minister Lord Heseltine is calling on the Government to empower Local Enterprise Partnerships (LEPs) with a £58bn growth fund.

Lord Heseltine states the case for giving the 39 LEPs real financial power in his study into the Government's economic policy which is published today.

In the report he says, "they currently do not have the authority or resource to transform their locality".

To remedy this he is suggesting that £48bn of Government cash earmarked for growth in various Whi......for the full story register now for free or login below...


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