More powers for councils to aid economy
The Government has today announced it intends to hand over more powers to council bosses in Leicestershire to help them boost the economy.
Deputy Prime Minister Nick Clegg has revealed Leicester and Leicestershire will be among the next areas to get a so-called city deal.
Last month, the city and county councils and the Leicester and Leicestershire Enterprise Partnership (LLEP) submitted a bid to get greater freedom from Whitehall control to boost business growth and job creation.
Mr Clegg today said it had been accepted.
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The Leicestershire city deal will focus on expanding the manufacturing and logistics sectors and finding ways to make more money from research carried out at Leicester, De Montfort and Loughborough universities.
Government officials now say they will enter into negotiations to finalise the terms of the deal with councils here.
Mr Clegg said: "Letting go of power and money doesn't come naturally to Whitehall.
"Over time, the economic importance of other parts of the country have been devastatingly downplayed. We need to free up cities that have unique selling points."