Financial devolution for local growth
An independent survey of public and private sector leaders' views on the need for new funding tools for urban investment
February 2008
The UK Government - in both its 2007 Sub-National Review of Economic Development and Regeneration and 2007 Comprehensive Spending Review - has proposed a range of new local financing tools that place a premium on local innovation in order to address the current infrastructure funding gap. We have been working with the Centre for Cities to explore how these and other new financial tools can help unlock greater infrastructure investment - which is critical to securing sustainable growth in our cities and towns. This new survey captures the market's views and attitudes towards greater financial devolution in funding infrastructure investment.
