Communities secretary Eric Pickles has urged councils to start preparing the ground for the next Spending Review.
As Nick Clegg has recently noted, there needs to be a ‘gear shift’ in infrastructure spending. Whilst George Osborne dots the i’s and crosses the t’s on his third budget, it is worth considering how such a ‘gear shift’ may be enacted.
Local government pension funds should plough money into waste and other infrastructure investments to boost their returns and support essential projects, an influential think-tank has said.
Metropolitan councils have urged the Government to transfer responsibility for local rail services to them.
Councils should consider using new homes bonus funding to set up schemes to help first-time buyers get on the housing ladder, according to an influential think tank.
Local government pension funds should plough money into infrastructure investment both to boost their own returns and to support essential projects, a think-tank has said.
The Guardian’s Local Government Network has named Localis’ ‘Credit Where Credit’s Due’ report as their Pick of the Web.
It is , on the face of it, a difficult trick to pull off. As this month’s Budget will testify, the Government has pinned its growth agenda on securing 250bn of public and private sector investment in Britain’s creaking infrastructure over the next five years.
The study from local government think tank Localis and Lloyds Banking Group makes the new bank a key recommendation among proposals to kickstart the Coalition’s planned 250bn of infrastructure spending over the next five years.
Local government think-tank, Localis, in partnership with Lloyds Banking Group, have today launched a major report on mechanisms for funding the construction of new local infrastructure which will provide the transport, energy and communication networks the country needs in the coming years.