Councils have urged the government to speed up the devolution process and counteract the spread of funding coming from over 70 different centralised sources.
The LGA said individual localised funding pots would create much less confusion and allow councils to spend more effectively and promote growth across the UK.
Currently, more than £23bn spent on growth, regeneration and skills is managed by 22 different government departments and agencies, all offering multiple different funding pots.
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