Heseltine seeks devolved infra decisions

31 October 2012 Local enterprise partnerships should be given greater scope to tailor local economic plans and more control over local infrastructure projects, a government-commissioned review has claimed.
Lord Heseltine has proposed a significant devolution of power to the partnerships, which would see them bidding for a single pot of central government money rather than making bids to specific funds.

Heseltine’s report, ‘No Stone Unturned in the Pursuit of Growth’, argues that a single national pot to support growth over five years should be made available from 2015-16.

He also called for all sectors of industry to develop “a formal relationship with a government department”.

The former minister also said the government should appoint a chief procurement officer in every department to improve public sector procurement, while the planning system needs to be “injected with greater urgency”.

“What we need is a new partnership between the private and public sectors, between local communities and central government,” he said.

However, alongside the plans for greater devolution of “local infrastructure”, the report said central government “must retain control of important, large scale infrastructure projects”, such as motorways, the rail network, energy provision and airports.

This page was last updated on:
25 July 2017.

thumb

A right Carilli-on

The firmís woes go to show that PPP deals are not the risk-free cash cows opponents like to imagine them to be

thumb

The Insurance Man

Darryl Murphy, head of debt investment at Aviva Investors discusses where he intends to take the organisation next

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...