Funding news

22/03/05 - £500M included in new Local Area Agreements

A radical new approach to service delivery takes a leap forward today as twenty pilot Local Area Agreements (LAAs) are signed on behalf of the Government by Deputy Prime Minister John Prescott.

The pilot Local Area Agreements have brought together over 100 different funding streams. By focusing on a core set of outcomes for an area the Agreements will help to sweep away a raft of measures previously linked to the separate funding streams. Instead of hundreds of different targets, in future each LAA area will on average only have to report on less than 60 targets. And through the Agreements the twenty areas have been granted further freedoms and flexibilities.