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Quote of the week

14 November 2008

Happy hours lead to unhappy communities. Loss leaders in supermarkets cause real misery to city centres on a Saturday night."

RDAs say US protectionism 'a risk'

14 November 2008

US inward investment into the UK has been placed on the regional development agencies' risk register following Barack Obama's election as US president.

Tories pledge bonus for firms taking on jobless

14 November 2008

Firms that take on jobseekers in the economic downturn would receive tax cuts of up to £2,500, under plans announced by the Conservative Party this week.

2012 media centre legacy 'at risk'

14 November 2008

The legacy use of the Olympic media centre is in "real jeopardy" as the Olympic Delivery Authority struggles to secure funding for the site, Regeneration & Renewal understands.

Downturn hits east London scheme

14 November 2008

The economic downturn has delayed the procurement of a developer for a huge east London regeneration scheme by at least two years.

Ghetto concerns over social homes proposals

14 November 2008

Proposals being considered by the Government to end the entitlement of people in social housing to a tenancy for life could lead to the "ghettoisation of low-income groups", a housing chief has warned.

Development Trusts Association electes chief executive

14 November 2008

Umbrella body the Development Trusts Association has elected Micheal Pyner, chief executive of New Deal for Communities Partnership the Shoreditch Trust, as its new chair. Pyner, who last year won a Regeneration & Renewal award for leadership in regeneration, has led the Shoreditch Trust for the past eight years.

Home Office announced reduction of jobs for foreign workers

14 November 2008

The number of jobs available to foreign workers will be reduced, the Home Office has announced. The department has published a list of "shortage occupations": posts that employers will be allowed to recruit for from outside the European Economic Area. The list is available via www.regen.net/doc

Fund for social enterprises launched by Bridges Ventures fund

14 November 2008

A new £4.25 million fund for social enterprises has been launched by the Bridges Ventures fund. The Bridges Social Entrepreneurs Fund will invest up to £1 million in social enterprises. It aims to help grow up to ten social enterprises.