0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Forgotten your password?

City Deals and Growth Deals: deal or no deal?

20 September 2013

Should a City Deal or a Growth Deal be given priority at the moment? The general lack of movement on the finalisation of the Wave 2 City Deals and recent comments from local authority officials, suggest that this is one dilemma currently facing Whitehall. The guidance relating to negotiation on Growth Deals for 2015 advises that the proposals should be similar to those for City Deals. This raises the question as to why have both?

Some of the main differences between City Deals and Growth Deals are the geographical area that they cover and the funding available under the different packages. Therefore, areas that currently don’t have a City Deal and are gearing up for negotiating a Growth Deal seem to be stuck between a rock and a hard place. The question of who should take control of the local growth agenda and what is more important needs to be answered by Whitehall before local authorities become disillusioned.

related opinions

Moratoriums

The new Part A1 moratorium was introduced partly in response to the Covid-19 pandemic and its impact on businesses. The moratorium is not intended to be used to simply delay the inevitable insolvency of a company, but rather to allow breathing space for that company to restructure and/or achieve an effective rescue.

View blog

Covid-19 insolvency measures extension

From 26 March 2021 the Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) Regulations 2021 will come into force with the effect of extending several of the temporary measures brought in by the Corporate Insolvency and Governance Act 2020 (CIGA).

View blog

An exit for public sector exit pay

It took over 5 years for secondary legislation implementing the £95,000 cap on public sector exit payments to be brought into force; only a few months later, the Government has announced that the Public Sector Exit Payments Regulations 2020 (the “Regulations”) will be revoked, citing “unintended consequences” which have been identified after “extensive review”.

View blog

The Debt Respite Scheme and its implications for creditors

The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 is due to come into force on 4 May 2021. It’s a snappy title but what exactly is it?

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up