Concerns grow over LEP accountability as further £1bn allocated

 

A further £1bn has been allocated to Local Enterprise Partnerships (LEPs) through local growth deals, despite growing concerns over accountability arrangements.

Ministers today confirmed agreements had been reached with all 39 LEPs over how a further £1bn of the total £12bn pot would be allocated – after the cash was pledged at the Autumn Statement.

Local growth funding is drawn from the existing budgets of central government departments, with a large share coming from the Department for Transport - in total around £5bn remains to be allocated.

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