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Councils await clarity on Local Growth Fund

FUNDING

01 March 2019
 

Local authorities and Local Enterprise Partnerships (LEPs) are waiting to hear if the Government will allow Local Growth Fund capital grant to be carried over beyond the official end date of March 2021. 

The Government awarded LGF to LEPs via Growth Deals, with funding running from 2015/16 to 2020/21. LEPs manage the grant, much of which is spent on local transport.

The South East Local Enterprise Partnership (SELEP) is currently carrying over about a third of each year’s LGF...

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