Published: 24th Mar 2011

Matthew Jackson argues the Budget has delivered incentives for local economic development which will only serve to exacerbate gaps in our already imbalanced economy Having taken a first glimpse at the 2011 Budget there seems plenty in it for economic development practitioners in the public sector and for developers in the commercial economy. There is a £200m investment in rail projects in predominantly the north and midlands of England. There is the creation of 21 enterprise zones in some of the localities hardest hit by recession and public sector cuts. There is commitment to work experience placements and apprenticeships for young people who are unemployed. And there are a host of amends to planning functions including fast-track application processes for major infrastructure, the emergence of land auctions for public sector land, and the removal of brownfield redevelopment targets. Delving a little deeper into these policy developments and it becomes clear … (To read the full article, subscribe below)