Dannny Alexander speaks on business rate reform

The transcript discusses the importance of decentralization, advocating for decisions to be made at the local level. It highlights Cambridge as a successful example of regional growth due to local empowerment. The government has initiated programs like local enterprise partnerships and growth funds to support this. The future aims to enhance devolution, granting more freedom to cities and regions. The Greater Cambridge City deal is a key example, promising infrastructure investments, job creation, and economic development. The speaker challenges the audience to propose further powers for local governance.

What are the key principles behind devolving power to local areas as discussed in the text?

How has the Greater Cambridge City deal contributed to the local economy?

What role do local enterprise partnerships play in the context of decentralization?

In what ways can localities utilize the extra powers received from Whitehall?

What challenges and opportunities does the speaker identify for further devolution in Greater Cambridge?