ECONOMIC GROWTH

Projects urged to apply for Euro funding

Projects have been urged to grab a share of £5bn European funding, which will be targeted at local enterprise partnership (LEP) areas for the first time.

Projects have been urged to grab a share of £5bn European funding, which will be targeted at local enterprise partnership (LEP) areas for the first time.

In a bid to shift towards more localised spending, projects have been asked to apply for the European Regional Development Fund and the European Social Fund.

Funding decisions will be based around the priorities of LEPs, which will play a key role in how the money is allocated and invested.

Local growth and Northern Powerhouse Minister James Wharton said: ‘This funding will give the places a chance to contribute more to the national economy and unlock local potential.

‘It will ensure we can build up local economies around the country and the Northern Powerhouse that will have a big and real and positive impact on people's lives, delivering more jobs, more opportunities and a better future for all.'

ECONOMIC GROWTH

Call for courage over failing council finances

By By Martin Ford | 21 November 2024

‘Drastic action’ from the Government is required to shore-up councils’ finances amid multiple crises, a report published today has urged.

ECONOMIC GROWTH

Fixing councils' financial distress

By Andy Pike | 20 November 2024

Andy Pike and Jack Shaw examine the reasons for local authorities’ financial challenges, and say it’s time for a set of principles, including the power to ma...

ECONOMIC GROWTH

Local leaders are powering up for a revolution

By Christopher Hammond | 20 November 2024

A century on from the first electricity revolution, Christopher Hammond hopes the launch of a new charter encouraging fresh local and national partnerships w...

ECONOMIC GROWTH

Retrofitting for planet, pocket and comfort

By Marina Robertson | 20 November 2024

Handing over a retrofit project to the local community has created a lasting legacy in Birmingham, says Marina Robertson.

Popular articles by Laura Sharman