New Local Government Network (2009) Investing Together: The Case for a Local Authority Mutual Fund, London, NLGN
Tom Symons, senior researcher at NLGN
, said: "There is a real risk that future economic growth will be undermined by infrastructure that is unable to meet the demands of a modern, globalised economy.
also wants to see brownfield sites converted to allotments.
This report from NLGN
has done a good service in raising this issue.
Hear, hear, say I, and the NLGN
report goes on to outline some interesting ideas such as a new lending approach which treats Private Finance Initiatives on a level playing field with other capital finance models and use of council reserves to finance regeneration.
Some organisational barriers need to come down, as the NLGN
suggests, with better working needed between councils, post offices, Ordnance Survey, immigration services and so on.
says there should be tougher action on the 600,000 empty homes in England and Wales.
The survey, the basis for the distribution of cash for health and local authority services, also tends to under-estimate the true size of the population, the NLGN
claim space will run out in nine years - four in and around London.
also said the Government should introduce a new generation of incineration plants to generate electricity from rubbish.
report was written by its deputy director Anna Turley, a former special adviser to David Blunkett, who said the Prevent scheme had enjoyed some notable success in its work with mosques.
None of the councils contacted could say for certain wether they would work withe the NLGN
to set up such a bank.