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Local growth pot fund 'larger than expected'

Lord Heseltine says, a multi-billion pound cash pot the Treasury is trying to secure could end up larger than first thought.

By Dominic Browne | 13 February 2013

A multi-billion pound cash pot the Treasury is trying to secure to support local growth could end up £24bn larger than originally announced, Conservative Party grandee Lord Heseltine revealed this week.

A key plank of the peer's report on economic growth No stone left unturned was the creation of a £58bn single funding pot, which the 39 Local Enterprise Partnerships (LEPs) in England would bid on.

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Popular articles by Dominic Browne

  1. Budget: £500m a year for local roads maintenance
  2. LGA launches attack on DfT over traffic fine surplus plans
  3. Budget 2023: Hunt confirms £200m for 'potholes curse'
  4. Budget 2021: Highways face funding cut in Budget
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