Headlines, PublicNet: 26 February, 2014
The National Audit Office wants the Regional Growth Fund to be spent more quickly to create jobs. It also wants a tighter grip on spending.
The government established the Regional Growth Fund in 2010 to encourage private-sector enterprise by providing support for projects with the significant potential for economic growth and to support those areas and communities that currently depend on the public sector. The Department for Communities and Local Government and the Department for Business, Innovation & Skills are responsible for the Fund.
Read more on WATCHDOG CALLS FOR FASTER SPENDING ON JOB CREATION…