Shadow chancellor Ed Balls believes there has been too much change which has hampered regional economic growth
England's regional economies cannot withstand another organisational upheaval, so Labour will retain reformed Local Enterprise Partnerships introduced by the coalition government rather than revert to the larger Regional Development Agencies, the shadow chancellor, Ed Balls, and his growth adviser, Lord Adonis, have said.
The two men believe that a central part of a Labour economic message must be a commitment to try to rebalance the economy so that growth is not restricted to London and the south-east.
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