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The 'levelling up' bidding process wastes time and money – here's how to improve it

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University
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The UK government recently announced the results of the second round of successful bids for for its £4.8 billion Levelling Up Fund. This money is provided to local governments with the ambitious (but pretty unspecific) aim of “creating opportunities for everyone” by addressing economic and social imbalances across the UK.

Winning projects have received as much as £50 million. In this round, the money…The Conversation

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