Taxpayers 'foot £2,000 a day bill' for LEP chief

Reports that the salary of the head of the Cornwall and Isles of Scilly local enterprise partnership has come under fire feature in today's newspaper round-up.

Industrialist Sir John Banham's role as head of the Cornwall and Isles of Scilly Local Enterprise Partnership as so far cost taxpayers £45,000, based on a daily rate of £2,000, reports the news site.

A successful High Court challenge to the Government’s decision to withdraw funding for the Building Schools for the Future programme could lead to a "stampede" of similar legal claims, the Times reports.

Employment is likely to fall as private sector jobs growth fails to keep pace with redundancies in the public sector, according to a survey by professional body the Chartered Institute of Personnel and Development reported by the Financial Times.

The sale of publicly owned forests has been put on hold, the Times reports. It says the Government is to review the criteria for selling woodland.

Approval from the European Commission will be needed for the Big Society Bank to use hundreds of millions of pounds of money in dormant bank accounts, the Financial Times reports. Meanwhile, deputy editor of the Wall Street Journal Europe Iain Martin blogs that there is a public appetite for the Big Society, "if it can be stripped of waffle and wonky rhetoric and honed into a common sense concept".

Plans to introduce elected mayors in up to 12 more cities could cost the taxpayer nearly £16 million, according to government documents seen by the Financial Times.

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