Chamber reaction to abolition of Regional Development Agencies

At its regional Cabinet meeting in Bradford, the Government confirmed its intention to abolish Regional Development Agencies (RDAs) in England, and its intention to replace RDAs with Local Enterprise Partnerships (LEPs). Commenting, Paul Griffiths, chief executive of the Northamptonshire Chamber of Commerce said:

“Whatever new structures emerge, it is clear that local business leaders need to play a central role in defining Northamptonshire’s economic future. So businesses, and the Chamber of Commerce, must be at the heart of new Local Enterprise Partnerships to assure that private sector growth, job creation, and a balanced local economy are the LEPs’ overriding priority.” 

Commenting on the Government’s plans to set up a £1 billion Regional Growth Fund, Mr Griffiths added:

“While business will wait to see detailed plans on the proposed Regional Growth Fund, what’s clear from the outset is that the Fund will have significantly less resources to support business growth than previous arrangements. While business has been fully supportive of the Government’s drive to reduce the UK’s deficit, we believe that investment in the business environment must remain a key priority.”

Posted by: Northamptonshire Chamber

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