30 July 2008
Regional funding advice: guidance on giving advice
The Regional Funding Advice exercise offers the opportunity for regions to provide advice to the Government on their long-term investment priorities for elements of transport, housing and regeneration, and economic development to support sustainable economic growth. This RFA exercise is part of a long-term Government commitment to build a strong dialogue with regional partners in different parts of the UK to drive sustainable economic growth. It also contributes to a wider conversation between the Government, businesses, local authorities, the third sector and individuals in every region to understand how the economy is changing in their area. This is being launched alongside 'The Yorkshire and Humber economy: A joint response to changing economic circumstances', the first of a series of papers setting out how Government will be working with agencies across the different regions to support the local economy and help business and families through the tougher times ahead.
'Regional Funding Advice: Guidance on preparing advice' sets out:
- Indicative long-term regional funding allocations for the interconnected areas of transport, housing, regeneration and economic development
- Guidance for regions on how advice should be prepared, including how regions should incorporate skills priorities, and submitted to the Government.
It is hoped that this will help regions coordinate strategies and enhance their input into Government policy and public spending decisions that will promote sustainable economic development. It will also help build the Government’s understanding of the challenges that each region faces and help ensure that investments are focused on the right developments, at the right time.
Regional funding advice: Guidance on preparing advice is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
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