Tuesday, February 24, 2009

News: Rotherham rewarded for economic growth

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Rotherham Council is set to receive over £220,000 from the government as a reward for successfully promoting economic growth in their area. The extra funding comes from the Local Authority Business Growth Incentives Scheme (LABGI) scheme that has been in operation since 2006. The council has already received around £3m, to be used as they see fit, to help meet local needs and priorities. Wentworth MP and Local Government Minister John Healey said: "Over the last three years, the LABGI scheme has made a real difference to local communities – in these difficult economic times, it has an even more important role to play. "Different parts of the country will be affected by this downturn in different ways and to different degrees. As these pressures are being felt by families and businesses, councils are best placed to provide real help locally, tailored to local needs, to help people to stay in their homes and their jobs." Rotherham council has allocated the un-ringfenced funds for initiatives involving the town centre, enterprise, sustainability and promotion.
DCLG website

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