GBSLEP response to Lord Heseltine’s review

Posted by lepadmin - October 31, 2012 - Heseltine Review, Newsroom - No Comments

Speaking in response to the publication of Lord Heseltine’s report ‘No Stone Unturned’ Andy Street, Chair of the Greater Birmingham & Solihull Local Enterprise Partnership, said: “The debate about the future of the economic development is one we warmly welcome and it is appropriate that the discussion is being kicked off in Birmingham as we embody the history of dynamic local leadership.

“While there are many ideas contained within Lord Heseltine’s report, the core one is that regions have much more potential.

Andy Street, GBSLEP Chair.

Andy Street, GBSLEP Chair.

“If we are to unlock this potential, regions need more control over their economic destinies.

“We therefore welcome the concept of a ‘single pot’ for economic development suggested in the report.

“We are also encouraged by Lord Heseltine’s endorsement of the role and capabilities of the LEPs as drivers of economic development.

“This is something we have been working to demonstrate here in Greater Birmingham since we were established and we firmly support the idea that only a powerful private and public sector partnership can deliver the step change we all aspire to.

“Our fervent hope and expectation is that this report will lead to decisive action in future years.”