LEPs promise £100bn return on investment

By Dan Peters | 08 October 2020

Local enterprise partnerships (LEP) can secure a return on investment of £100bn in additional economic benefit, the Government has been told.

The LEP Network’s submission to the Spending Review said the return would be delivered in exchange for a three-year core funding settlement of £120m and a three-year government investment across business support and skills of £7.5bn.

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Local economies Whitehall Finance Economic growth Local Enterprise Partnerships Spending Review Investment

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