HM Treasury

Spending Review

17 July 2007

Sub-national economic development and regeneration review

Budget 2006 announced that the 2007 Comprehensive Spending Review would be informed by a series of policy reviews, one of which was a review of sub-national economic development and regeneration to consider how to strengthen economic performance in regions, cities and localities throughout the country.

The review has been led jointly by the Treasury, the Department for Communities and Local Government and the Department for Business, Enterprise and Regulatory Reform and their predecessor departments.

The review outlines the Government's plans to refocus both powers and responsibilities to support its objectives to encourage economic growth and tackle deprivation at every level, by:

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