LEPs

• What was the new coalition government made up of?

  conservatives & libdems
• what did the new coalition government encourage?

  encourage local government and business to take responsibility- little central government funding
• what was there a rise of?

  LEPs
• what are LEPs ?

  local enterprise partnerships
• when were LEPs established?

  2011
• what are LEPs?

  voluntary partnerships between local authorities and businesses
• what do LEPs offer areas?

  reduced business tax rates

  financial allowances for machinery and buildings
• what is the theory of LEPs?

  business will locate to low tax zones, creating employment and growth
• what are 2 cons ofLEPs?

  less local community involvement

  emphasis on business investment - not housing/social improvements
• give 3 details about enterprise zones?

  smart planning rules for fast-track development

  efficient and quick

  a skilled local workforce- creates jobs
• give 3 positive details about the Lancashire LEP?

  41,000 workers in the energy and environment sector

  Samlesbury Aerospace enterprise zone- 20,000 new private sector jobs

  2 hour train from london to preston