Regions key to economy: Heseltine

Press Association

The Government has been urged by a former minister to spend more money on boosting economic growth in the regions.

Lord Heseltine urged the coalition to produce a long-term strategy for economic growth, including firm commitments against which it can be held to account. In a series of recommendations, Lord Heseltine said the Government should allocate up to £250,000 of new public funding to local enterprise partnerships (LEPs) over the next few years.