Published: 8th Jan 2020

The Leicester and Leicestershire Enterprise Partnership Limited (LLEP) could generate £3.5bn for the local economy, according to independent financial consultants. Focus Consultants was asked analysed the impact and value for money of 20 of Leicester and Leicestershire’s flagship regeneration projects, such as Leicester Waterside, MIRA Technology Institute, Melton Livestock Market, Leicester Space Park and various transport infrastructure investment across the city and county. They calculate that the £126m already invested in Leicester and Leicestershire through the Local Growth Fund Programme could lead to a return of £28 for every £1 invested. The evaluation particularly focused on understanding the current and projected long-term impact that the projects will have for the Leicester and Leicestershire economy. They found that the full benefits of some of the schemes supported, such as those which open up housing land, create improved transport links or support business growth, will continue to be felt for years ahead. … (To read the full article, subscribe below)