Concern Over Bids to Replace Regional Development Agency

Summary

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The Government's flagship policy to revive the Westcountry economy appears to be faltering after Business Secretary Vince Cable admitted he is concerned about the quality of bids to set up development bodies in the regions.

Ministers have received submissions to set up three economic bodies covering Devon, Cornwall and Somerset as alternatives to the South West Regional Development Agency (RDA), the sprawling, heavily- criticised quango to be abolished in 2012.

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Extract

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Concern Over Bids to Replace Regional Development Agency

Mr Cable has revealed at the Liberal Democrat conference that only a quarter of bids to set up Local Enterprise Partnerships (LEPs) are up to...

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