Presenting his "independent" review on 31 October, "No stone unturned in pursuit of growth" the former deputy prime minister Michael Heseltine "urged the government to build on what it is already doing, to speed up the process and to leave no stone unturned in pursuit of growth."
The report sets out a comprehensive economic plan to improve the UK’s ability to create wealth. His independent report makes the case for a major rebalancing of responsibilities for economic development between central and local government, and between government and the private sector. It makes 89 recommendations which aim to:
- inject stability into the economy
- create the conditions for growth, and
- maximise the performance of the UK.
At the heart of the proposals are measures to unleash the potential of local economies and leaders and enable every part of the UK economy to raise its game.
In his presentation, Lord Heseltine stressed governance and implementation issues:
"The government should set out a comprehensive national growth strategy, defining its view of its own role and the limits of that role, together with those of others in local authorities, public bodies and the private sector in the pursuit of wealth.
As well as a clear strategy, the government needs the means by which it can deliver it."
"The government should set out a comprehensive national growth strategy, defining its view of its own role and the limits of that role, together with those of others in local authorities, public bodies and the private sector in the pursuit of wealth.
As well as a clear strategy, the government needs the means by which it can deliver it."
(see BIS site.)
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