Published: 27th Mar 2012

The next European programme is currently under development and there is a real simple principle at stake which could have a huge financial impact upon the north west of England (in fact the north as a whole). I am not an expert on European funding but will attempt give you the basics of what is going to be a battleground for the region with Westminster over coming months. The amount of money allocated to the UK through the European Regional Development Fund (ERDF) is based upon deprivation, this means that the amount that is allocated to the UK is given because of the deprivation within the regions. Traditionally this was then managed and distributed through the regional agencies – government offices and the regional development agencies – at different times over the years. Now the regional agencies have gone, the government has centralised the process for delivering ERDF while retaining … (To read the full article, subscribe below)