The Government is Helping Businesses by Giving Extra Powers to Cities
Nick Clegg has announced plans to give some of England’s biggest cities new powers and extra cash in an attempt to boost employment and restore economic growth, the BBC reported today.
During a visit to Yorkshire, the Deputy Prime Minister revealed the government will transfer more economic controls to local authorities under city schemes which he called ‘groundbreaking deals… freeing cities from Whitehall control’.
Extra powers will be given to the cities of Birmingham, Bristol, Newcastle, Leeds, Nottingham and Sheffield as deals for Liverpool and Manchester were already agreed earlier this year.
Deputy Prime Minister Clegg said: “Everyone in these eight core cities will feel the benefits – from young people looking for jobs, to businesses looking to expand.”
Under the current system, councils running England’s major cities have to lobby central governments if they want additional investment to fund major infrastructure projects.
However, under the new city deals, guaranteed funding will be provided for the city authorities to spend as they choose. This is expected to will cut red tape and make it easier for businesses to deliver major development projects in the future.
Hilary Benn, Shadow Communities and Local Government Secretary, said: “Labour strongly supports local communities being given more powers – indeed I have been calling for this for some time.
“These city deals represent an important victory for local people and local government. And many people think that local government will do a better job at looking after their local economies and boosting skills than the Tory-led government is doing nationally.”
If you live in Birmingham, Bristol, Leeds, Newcastle, Nottingham or Sheffield, how do you think the new deals could help you/ your business? Share your thoughts by commenting here or raining your voice on our Facebook page.
Posted on July 5, 2012, in Affordable housing, BBC, Building Construction Industry, Building Engineering Sector, Business, construction jobs, construction news, Employment, Government, Infrastructure, Living abroad, Nick Clegg, Politics, t4ts, train4tradeskills, Train4TradeSkills News, UK Economy and tagged train4tradeskills, BBC, Nick Clegg, Government, England, Leeds, Nottingham, Liberal Democrats, Local government, Conservative, Business, t4ts news, train4tradeskills news, Sheffield, Labour, Deputy Prime Minister of the United Kingdom, politics, economic boost, UK, new jobs, infrastructure projects, local economy, jobs opportunities, Hilary Benn, Business Boost, Largest UK cities, Economic power, red tape, Communities and Local Government Secretary, major investment, employment level, delegation of responsibilities, extra money, business cohesion, national government, Councils, Skill-boost, better employment conditions. Bookmark the permalink. Leave a Comment.