The next step is getting the city to accept Bread for taxes and other city services and to use Bread to partially funddevelopment projects, like a local bike path.
Also, the use of investment platforms (special investment vehicles) to fundlocal governments steers funds to SOEs involved in development projects, thereby affecting the balance between state and market.
In Westminster Hall there's more backbench business - MPs will debate the Communities and Local Government Select Committee's report on the European Regional DevelopmentFund, and the government response to it.