An under-fire business body which gets tens of millions of pounds of taxpayers’ cash a year to boost economic growth in the region will be scrapped.
Tens of millions of pounds of public cash has been withheld from west Norfolk, west Suffolk and Cambridgeshire because of concerns over the way the group which spends that money is being run.
Lib Dems described the battle for control of the Cambridgeshire and Peterborough Enterprise Partnership (LEP) by Mayor James Palmer as “at best a hostile takeover”.
The resignation was announced today of businessman Mark Reeve as chairman of the Greater Cambridgeshire Greater Peterborough Enterprise Partnership (LEP).
Businesses across Fenland have only themselves to blame for not finding projects big enough and suitable enough to get financial backing, enterprise agency boss Mark Reeve told councillors.
The controversial switch of MMUK and MM Flowers from Chatteris – where they employ up to 400 workers- to Alconbury is nearing completion.
A group set up to kick start economic growth in the region has accused an MP, who reported them to a government spending watchdog, of making “wholly inaccurate and defamatory” suggestions about it.
The government and its spending watchdog have launched an investigation into the running of two major bodies responsible for millions of pounds worth of investment in Cambridgeshire and Suffolk.