Towards private sector growth
Since it came into power, the Coalition Government has been focused on shifting greater responsibility for the economy onto the shoulders of the private sector. Private sector job creation is at the heart of its faltering economic recovery and private businesses are driving the agenda at the new Local Enterprise Partnerships (LEPs). Through Neighbourhood Plans, Enterprise Zones, and a flurry of other policy measures, the role of businesses in shaping the areas in which they operate is set to rise.
In this Bulletin, CLES set out the main ways in which private sector engagement in growth and development can increase, and proposes some steps forward to ensure an increase in private sector involvement that will lead to better places for all.