Britain's creaking transport infrastructure will not improve unless the Government loosens its grip on local authorities - so says a cross-party group of MPs today. The All Party Urban Development Group, chaired by Labour MP Clive Betts, pubished its first report today - see http://www.allparty-urbandevelopment.org.uk/
"Loosening the Leash" says that our excessively centralised system of finance is stifling new investment in essential transport infrastructure. The report is really well-timed, and comes out just weeks before Michael Lyons is due to report on the role and funding of local government.
Guardian Unlimited picked up the story today - see http://business.guardian.co.uk/story/0,,2021576,00.html
We do the research for the Group, and are now working on their second inquiry on Business Investment and Development in Deprived Areas. The inquiry session is on 20 March, in the House of Commons.