Supporting local economic growth

Public Accounts Committee Closed Inquiry
Opened: 12 Jan 2022 Closed: 2 Sep 2022 Parliament page
Successive governments have tried to address regional economic disparities and raise productivity through a range of interventions, such as the £12 billion government committed to the Local Growth Fund between 2015-16 and 2020-21. In the 2020 Spending Review, and 2021 Budget, government reiterated its intention to “level up opportunity across … Read more
8 Recommendations
19 Conclusions
1 Report
1 Oral session
1 Letter
1 Event
Oral evidence sessions 1 session
Supporting local economic growth
Bernadette Kelly CB · Department for Transport Jeremy Pocklington CB · Ministry of Defence Sarah Munby · Department for Business, Energy and Industrial Strategy Will Garton · Department for Levelling Up, Housing and Communities
Recommendations & Conclusions
2 results
3 Recommendation Accepted
Fifth Report - Local economic grow…
We are concerned that optimism bias has meant realistic bids to the Levelling Up Fund...
We are concerned that optimism bias has meant realistic bids to the Levelling Up Fund have missed out at the expense of ‘shovel-ready’ projects that have since been beset with delays. The Department told us that, four weeks from year … Read more
Government Response
The government agrees, and has a robust process in place to safeguard value for money and ensure deliverability, and has worked with successful applicants to ensure necessary baselining and preparedness for delivery, so they are already addressing the issue.
HM Treasury
View details
18 Conclusion Accepted
Fifth Report - Local economic grow…
The Department told us that getting started on delivery was, in many cases, taking longer...
The Department told us that getting started on delivery was, in many cases, taking longer than expected but that it did not want to penalise places now that they had got through the assessment process. We heard that delays have … Read more
Government Response
The government agrees, and has a robust process in place to safeguard value for money and ensure deliverability, and has worked with successful applicants to ensure necessary baselining and preparedness for delivery, so they are already addressing the issue.
HM Treasury
View details
Government Response AI assessment · 19 of 8 classified

Total 8 recs + 19 conclusions
Correspondence 1 letter
21 Apr 2022 Correspondence from Bernadette Kelly, Permanent Secretary, Department for Transport, re Supporting local economic growth, dated 30 March 2022
Parliament page