FINANCE

EU blow to English LEPs

Council chiefs warn English LEP areas face funding blow as the next wave of EU development cash is shared equally across the UK.

English Local Enterprise Partnership (LEP) areas face a massive funding blow following the government's decision to share the next wave of European Union (EU) development cash more equally across the United Kingdom, council chiefs have warned

England's portion of the European Regional Development Fund and European Social Fund could decrease by more than a tenth (11%) €784m, under proposals to reallocate major EU structural funds over the 2014 to 2020.

Jonathan Werran

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