The Government has made its growth agenda clear through the Autumn Budget, Spring Statement, Spending Review, and Green Book Review, highlighting rapid, regionally targeted development as a key priority.
Backed by initiatives like the Growth Mission Fund and Local Growth Funding, there’s a renewed focus on regeneration and fairer access to funding. A shift away from competitive bidding was promised, however further details have not yet materialised.
The Green Book review is a positive step, aligning appraisal guidance with Government priorities. Despite calls for reform, funding programmes remain largely unchanged. What is clear is this: the requirement for robust business cases is here to stay.
Our Insight offers practical advice for future funding applicants and calls on Central Government to streamline funding delivery.
