The South East England Local Enterprise Partnership (SELEP) is reviewing its capital programme to ensure its Local Growth Fund (LGF) grant is fully spent by the deadline at the end of March next year.
SELEP forecasts that local authorities will actually spend £58m of LGF grant after the end of March under what it calls a ‘capital swap’ arrangement (LTT 01 Mar 19). Councils who cannot deliver their LGF projects by next March spend the LGF grant on projects in their wider...
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