UK towns will receive £20m of funding over the next decade to improve local transport, reduce crime and encourage high street regeneration in a bid to reduce regional inequalities.
Transferring Local Enterprise Partnerships powers to councils will give them a bigger role in developing their economies and avoid duplicating work, the government has said.
The government will fail to reduce regional inequalities without matching the “serious level” of money spent developing East Germany following unification, an expert told Public Finance Live...
Insufficient data means the government has no understanding of what departments and combined authorities are spending on levelling up, MPs have warned.
Capital spending restrictions imposed on the Department for Levelling Up, Housing and Communities will hamper local authority investment and harm the government’s flagship policy, experts have warned.
The lack of sufficient data on how much local authorities received from government grants makes it impossible to scrutinise the success of funding, Clive Betts, chair of the Levelling Up, Housing and...
The Scottish Government should be given the resources and powers to dictate how levelling up and post-Brexit development funding is allocated, a senior minister has said.
Powers allowing councils to raise additional revenues locally, as hinted at by levelling up secretary Michael Gove, could come hand-in-hand with a reduction in grant funding, an expert has warned.
Ministers should consider scrapping the final round of the Levelling up Fund and use the money to provide funding to current projects that risk being cut because of inflation, an expert has told MPs.
The government’s flagship policy is at risk of failure without more targeted funding for schools, local authorities and public health, economists at the Institute for Fiscal Studies have said.
Councils could need to shrink projects they have submitted to the Levelling Up Fund because the government has refused to adjust the pot for inflation, a senior minister has said.
Councils are shelving long-term capital projects to focus on shorter term budgetary pressures brought on by rising prices without additional funding, an expert has said.
Councils and the government have agreed a devolution deal for York and North Yorkshire that would create a new mayoral combined authority backed with more than half a billion pounds of long-term...
Whether local enterprise partnerships are integrated into local authorities immediately or in the future, post-levelling-up, a seamless transition will be essential, says Mark Bretton.
Some regions across the UK are likely to miss out on initial development funding as the government directs its support towards the most deprived areas first, according to experts.
More than a quarter of the most deprived authorities in England had bids rejected for funding from the government’s Levelling Up Fund, according to reports.
Regions across England could see a shortfall amounting to tens of millions of pounds compared to the European Union structural funding it replaces, according to reports.
Local Enterprise Partnerships (LEPs) will receive £375,000 funding from central government this year, as bodies prepare plans to merge with combined authorities.
The government’s ‘levelling up’ agenda is reliant on detail on funding reforms omitted from last month’s white paper, according to the Institute for Fiscal Studies.
Devolving control of some taxes to local authorities could harm the 'levelling up' agenda by deepening financial issues in poorer regions, a senior minister has warned.
