Ellie Ames 21 December 2023

Government confirms LEP funding

Government confirms LEP funding image
Image: AnemStyle / Shutterstock.com

Eligible councils will receive ‘up to’ £240,000 in 2024-25 to deliver the functions previously covered by Local Enterprise Partnerships (LEPs), the Government has said.

In a letter sent to local authority leaders and LEP chairs, levelling up minister Jacob Young and small business minister Kevin Hollinrake said the funding would be ‘subject to final business case and integration plan approvals’.

The ministers recognised that the funding for next year is a ‘small reduction’ on the £250,000 received by LEPS, and mayoral combined authorities that had already integrated LEP functions, for 2023-24.

They also maintained that funding beyond 2024-25 would be subject to future Spending Review decisions.

The Government has also published final guidance for local authorities on the core functions of business representation and local economic planning.

It was confirmed in August that LEP functions would be transferred to combined and upper-tier authorities, but councils have been calling for clarity on funding.

SIGN UP
For your free daily news bulletin
Highways jobs

Business Support Officer (Museums & Galleries NPO)

Kirklees Metropolitan Council
£16,765 - £17,607
This is an exciting opportunity to support Kirklees Museums and Galleries in the development of its ambitious vision Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Higher Level Teaching Assistant

Durham County Council
£30,024 - £33,699 pro rata
Higher Level Teaching Assistant Grade 7 £30,024 - £33,699 pro rata Full time, term time only + 2 weeks Permanent Required from 3rd November.  We wish Stanley
Recuriter: Durham County Council

Team Leader - Communication and Interaction

Durham County Council
Leadership 6 - 10 £58,569 - £64,691
We are looking for a Team Leader to join our highly valued and well-established Specialist SEND and Inclusion Support (SIS) Service. This is an addit Spennymoor
Recuriter: Durham County Council

Senior Business Analyst

North Yorkshire Council
£47,181 - £51,356 per annum
Do you enjoy analysing problems, identifying opportunities, and delivering practical solutions? Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Senior Business Analyst

North Yorkshire Council
£47,181 - £51,356 per annum
Do you enjoy analysing problems, identifying opportunities, and delivering practical solutions? Selby, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner