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This simply means looking at where spend by local anchors goes and how to increase the amount that stays -“is repatriated” - in Preston and Lancashire. In our case, the council has drawn on the experience of the Centre for Local Economic Strategies (CLES) who have had prior experience of working in this area with Manchester and other councils .
There is no one size fits all solution, but working with CLES we have broken the process up into a number of steps: