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Local context and capacity key to regional development – both now and in a devolved future

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Local authorities must understand their “local uniqueness and offer” while taking a “long term, patient approach” when considering local and regional economic development projects.

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That could be particularly relevant for combined authorities with devolved fiscal powers or new unitary authorities with more scope for longer-term thinking, according to

Growth opportunities in mayoral strategic authorities (MSAs) are potentially being undermined by institutional investors engaging “too late”, a report has found.