London has joined up with the rest of Englandís largest cities to demand devolution of a number of taxes from central government in order to spark growth.
Lancashire has agreed a City Deal for Preston and the surrounding area, backed by receipts from the sale of property assets and investment from the county's pension fund.
Alan Aisbett from law firm Pinsent Masons delves into the implications of the comprehensive spending review for regeneration and growth funding.
A heavyweight commission appointed by London mayor Boris Johnson has called on the government to loosen regulations around tax increment financing to boost regeneration in London.
Incomplete devolution of funding powers is putting councils' provision of public services in danger, according to a new report.
A national fund for urban development would quicken the pace of regeneration, according to research by think tank Centre for Cities.
The government has accepted nearly all the recommendations made by Lord Heseltine's recent report into encouraging regional economic growth.
Former deputy prime minister Lord Heseltine says his proposal for a single pot to encourage growth will succeed because it has the backing of chancellor George Osborne.
As little as £5 billion could be paid out under plans to devolve central government funding to local enterprise partnerships, according to a report.
SocInvest's top ten most popular stories during the past year.
City Deals Intelligence
The first of the second wave of City Deals, aimed at funding economic growth helped by investment by a pension fund and receipts from land held by the Homes and Communities Agency.
Former deputy prime minister Michael Heseltine's report recommends a raft of actions to boost growth in England.
The report calls for the removal of a series of blockages prohibiting councils and the private sector from "investing in the development which would speed up economic recovery."
The report argues that the localisation of funding must be part of the government's localism agenda.
Sheffield's agreement with central government over devolved powers. Includes proposals for tax increment financing.
Nottingham's agreement with central government over devolved powers. Includes proposals for tax increment financing.
Newcastle's agreement with central government over devolved powers. Includes proposals for tax increment financing.
Liverpool's agreement with central government over devolved powers. Includes proposals for "earnback" model to finance infrastructure.
Liverpool's agreement with central government over devolved powers
Leeds' agreement with central government over devolved powers
Bristol's agreement with central government over devolved powers
Birmingham and Solihull's agreement with central government over devolved powers
This brief note looks at the size and the nature of the job that council leaders do now, and that new mayors will take on, as well as reviewing the resources at their disposal. It then considers what powers mayors may need to deliver on a key aspect of their brief: supporting the growth of the local economy.
Key economic data on the UK's biggest cities published by think tank Centre for Cities.
Implications for local financing mechanisms following the 2012 Budget
City Deals Experts