Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Unlocking Local Growth - East Midlands Councils
Document related concepts
Transcript
Government’s Perspective on Growth Rowena Limb Area Director, BIS East & South East Midlands BIS Local – EM and SEM • BIS decision to have place based contacts • BIS Local is a network of six teams across England to: – Realise ec.opportunities – Influence policy using local knowledge – Respond to ec shocks – Support Ministers Programme for Government - May 2010 Banking Tax Credit Flow Reduce Red Tape Boost enterprise Grow exports Four aims of Government on Growth • To create the most competitive tax system in the G20 • To make the UK the best place in Europe to start, finance and grow a business • To encourage investment and exports as a route to a more balanced economy; and • To create a more educated workforce that is the most flexible in Europe. What are we doing? Part 1 - Tax Competitive tax rate • Corporation Tax • R&D credits Part 2: Businesses • • • • Reduce Red Tape Fairer employment rights Support small business procurement Access to Finance schemes Part 3: Investment and Export Part 4: Educated and Flexible Workforce Government action – more than 1 place EOP Apprenticeships RGF & AMSCI TSB & Catapult Growth Accelerator UKTI MAS MML electrification ECML improvements LTBs Pinch Point LSTF City Deals What Works Centres Social Enterprise LEPs European Funding Enterprise Zones Growing Places Fund New Homes Bonus CIL Coastal Communities Fund Business rate retention Rural Growth Networks Flood Defences What’s next? City Deal Wave 2 LEP strategies Single Pot? Industrial Strategy Business Bank Euro Funds 2014+ Budget: 20th March 2013 Landscape Changes • 1997 - Regional Development Agencies • 2010 - Decision to abolish of RDAs • (Total budget of £1.8 bn in 2010/11) • 2010 - First Local Enterprise Partnerships established What is a LEP? • Voluntary partnership of public and private sector • Private sector led Board • Cover a functional economic area • Purpose to help determine local economic priorities and lead economic growth and job creation within its local area. What do they do? • • • • • • Local determination initially Strategic Growth Plan to set priorities Now some public funds – GPF RGF programmes to deliver Role in City Deals European Funding model proposes LEP allocations • Influence skills and transport policy Landscape LAs Investors LEPs TSB SFA / NAS Businesses BIS Utilities DCLG Business Organisations MMO Trade Associations Social Enterprise Banks HA Civic Society HCA GA / MAS HMT UKTI Natural England TUS HE English Heritage MOD DWP / JCP Environment Agency HMRC FE SSCs Contacts Business Support and Innovation: [email protected] European, LLEP: [email protected] D2N2, Lincolnshire: [email protected] Northamptonshire, SEMLEP: [email protected] Rutland: [email protected]
