“Reacting to the announcement that all 20 of the proposed second wave city deals have been agreed by the government, Kru Desai, KPMG’s UK head of local & regional government, comments:
The news that a further tranche of the country’s City Regions are being given the green light to drive their own economic growth plans is an exciting step forward in the right direction.
City leaders looking for new solutions for stimulating economic growth will welcome this announcement and City Regions represent the right mix of economic power and scale for taking the freedom offered through the city deal model and running with it.
It is to be hoped that the deals will enable progress to be made in relation to particular issues that are critical to growth plans in each locality and to facilitate the pursuing of different agendas that play to distinguishable competitive advantages, to fully exploit the potential offered this week.”
-Ends-
Media enquiries to:
Alison Anderson, PR manager, KPMG
T: 0113 254 2980 E: alison.anderson@kpmg.co.uk
About KPMG
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
