Does the design of funding mechanisms like UKSPF influence economic development?

Do government funding programmes raise the ambition of places or divert them from the changes they really need? Do they raise standards or impose a place-blind uniformity on local economic development? Might reform of public funding unleash potential in places or do local leaders always make the system work for their priorities? David and Mike discuss with Sandra Rothwell, Managing Director of LED consultancy ROTHWELL and formerly CEO of Cornwall and Isles of Scilly Local Enterprise Partnership.