Local Growth Deals
This note looks at the creation of the Single Local Growth Fund and the process of allocating Growth Deal funding to Local Enterprise Partnerships.

This note sets out the economic, public finance and taxation background to the 2012 Budget.
Background to the 2012 Budget (470 KB , PDF)
The Budget is not expected to include significant changes in the overall levels of taxation and public spending. Announcements are expected in a number of areas including the income tax personal allowance, the 50p rate of tax and child benefit. There has also been speculation that the Budget may contain measures which shift tax away from income towards property and wealth.
Background to the 2012 Budget (470 KB , PDF)
This note looks at the creation of the Single Local Growth Fund and the process of allocating Growth Deal funding to Local Enterprise Partnerships.
The state pension is liable to income tax, though pensioners are unlikely to pay tax in practice if their only income is the state pension.
The price of shares and commodities can help show the health of the economy. Find the latest data on the prices of shares, oil and gold.