LEP Welcomes New Funding Recommendations
News Release 6th November 2012The Greater Lincolnshire Local Enterprise Partnership has welcomed an economic review which calls for LEPs to be given more powers and budget responsibility. A review by Lord Heseltine, called No Stone Unturned, recommends that LEPs be given powers to develop their own strategies and business plans and bid for funding from central Government. In his report, Lord Heseltine said LEPs could be key to stimulating regional growth, adding that once a LEP was allocated funds, it should be “free to implement its strategy, accountable to its local community but