The purpose of this document is to explain Part 5 (regional strategy) of the Local Democracy, Economic Development and Construction Bill and how it would be applied, and to indicate what will be covered by regulations and guidance. This will assist Peers and MPs in considering the Bill and regional stakeholders in taking forward regional activity.
In addition, two further policy documents explaining the Government's views on how local economic assessments should be taken forward and the Government's intention in introducing further options for sub-regional co-operation which include Economic Prosperity Boards (EPBs) and MAAs with statutory duties, are also published on the Communities website (see External Links)
The Government published its response to the consultation document Prosperous Places: Taking forward the Review of Sub National Economic Development and Regeneration on 25 November 2008.
Prosperous Places proposed a way forward on implementing the recommendations set out in the review of sub-national economic development and regeneration, originally published on 17 July 2007. The Government’s response to Prosperous Places sets out how it will deliver more effective economic decision making and planning in England’s regions and localities. These reforms will put in place a legal and policy framework which will assist regions, sub-regions and local areas in responding to current economic difficulties, preparing for the upturn and strengthening jobs and business growth in all areas in the longer term.
In addition to this, a set of Frequently Asked Questions on how the transition to the new arrangements will be managed can also be found with the response.
This is the original consultation paper.