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BBC Radio Cambridgeshire: Cambridge is one of 20 cities invited to compete for new powers in the second wave of the government’s ‘City Deal’ programme

Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School, talks to Chris Mann about Cambridge being invited to compete for new powers in the second wave of the government’s ‘City Deal’ programme, which was announced by the Deputy Prime Minister Nick Clegg and Cities Minister Greg Clark… If successful, cities will be able to ‘earn back’ tax from the Treasury, and take control of their own budgets for things like Transport and Skills…