12:00 pm
Karen Dee: Well, there would have to be a vote. That process would bring benefits to both sides, because it would encourage local authorities to make a thorough investigation of the projects that they are seeking to fund and of the business case, and to work hard and engage with businesses to develop that business case. At the same time, businesses would know that they have a financial stake and a clear mechanism, and a potential cost if they do not engage. The mechanism should encourage positive behaviour.