Cheshire and Warrington welcome Government economy plans
Cheshire and Warrington Local Enterprise Partnership (LEP) have welcomed the Government’s plans to go ahead with 81 of Lord Heseltine’s 89 economic recommendations.
On Monday, the Treasury responded to the Conservative peer’s report, published in October 2012, and accepted his suggestions to empower the LEPs and create a Single Pot Fund.
Cheshire and Warrington LEP’s deputy chair, Howard Hopwood, commented: “We welcome the news today that 81 of the proposals have been accepted and look forward to receiving more information about the Single Local Growth Fund.
“It is imperative to retaining our major employers in the UK and encouraging new investment that we have increased devolution of economic powers.
“It is encouraging that government is giving local places the autonomy and powers they need to deliver growth.”
“The Cheshire & Warrington LEP is one year into delivery of its ambitious business plan to drive forward economic growth in Cheshire and Warrington - by 2020 we aim to grow the population to reach 1,000,000 and build the economy to a value of £30bn.”