PM praises ‘phenomenal success’ of enterprise partnership

PRIME Minister David Cameron has praised the Leeds City Region Enterprise Partnership’s “phenomenal success” and said it showed the Northern Powerhouse in action.

Prime Minister David Cameron.

In a statement, Mr Cameron said that thanks to devolved Government funding and strong local leadership, the LEP had created 2,000 apprenticeships.

He added: “With £627m of Government funding available through the LEP’s six-year Growth Deal, and additional investment made to the 20-year Transport Fund here, even more opportunities will be opening up for people in this region.”

Sign up to our Business newsletter

Sign up to our Business newsletter

The impact report said that the LEP’s international team had helped to secure 31 inward investment projects, which have created almost 800 jobs in the City Region. The Leeds City Region’s share of UKI foreign direct investment (FDI) projects has risen by 145 per cent from its 2013 ranking, and the City Region is now seen as the primary location outside London for inward investment.

Coun Judith Blake, leader of Leeds City Council, said: “These are very impressive results for Leeds and the city region through comparatively modest investment in the LEP.”

The report is available to download from www.the-lep.com/impact.