Published: 26th May 2011

Major investment in infrastructure is needed to achieve the local economic growth sought by UK government and councils will require a new range of measures to make this happen, says Tom Symons Capital investment in business-supporting infrastructure will be a fundamental part of Britain’s economic revival. A key part of this will be the ability of local authorities to spur local growth and attract business through improvements to economic and social infrastructure networks. In a time of flux, between centralism and localism, and between high public spending and austerity, there is an opportunity for the local government sector to look afresh at the capital finance landscape in which it operates. A new research project from New Local Government Network (NLGN) – Capital Futures – will map out a range of new measures councils will need to drive local growth, and the components of a localist capital finance toolkit. The coalition’s … (To read the full article, subscribe below)