Housing Wed, Mar 23, 2016 10:39 AM
The leading trade body for the property industry has published six recommendations for local Government on how to unlock the economic potential of cities outside London and rebalance the economy.
The series of recommendations will be launched at MIPIM UK and have been produced by the British Property Federation (BPF) following a series of regional roundtables held across the summer in six of the UK’s key City Regions.
The recommendations are:
Melanie Leech, Chief Executive of the BPF, said: “There is a considerable capital, both domestic and international, that is looking to invest beyond London and move into the regions. Combined with the current devolution agenda, this offers the UK’s major cities a unique chance to market themselves and create sustainable growth, and offers central Government a golden opportunity to balance the economy.
“There is a shared responsibility between local and combined authorities, central government and the private sector to create the environment that will attract investment and unlock growth, and today’s recommendations are designed to support central and local Government as they play their part in creating places where people want to live, work and play.”
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