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Tories delay unveiling regeneration proposals

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The Tories have blamed the recession for putting back plans to reveal its policy on regeneration projects, including a possible ‘forensic audit’ of the Thames Gateway and housing market renewal areas

Shadow regeneration minister Stewart Jackson has said that the party’s commitment to publish a Green Paper in January or February could now be pushed back until after the general election, which must take place before June 2010.

He had previously said the paper would set out the Tory position on policy issues such as tax increment financing, the reinstitution of the single regeneration budget and local asset-backed vehicles.

It is also expected to clarify the Conservative’s position on the future of economic development funding if regional development agencies are scrapped.

Jackson said: ‘We are committed to supporting the regeneration of towns and cities as part of our commitment to leading Britain out of Labour’s recession. We hope to produce a detailed and comprehensive green paper on regeneration.’

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