RDAs are funded by a ‘Single Pot’ from six Government departments who, in 2007-08, contributed to a total RDA budget of £2.3bn.

  • Department for Business, Enterprise and Regulatory Reform;
  • Department for Communities and Local Government;
  • Department for Culture, Media and Sport;
  • Department for Environment, Food and Rural Affairs;
  • Department for Innovation, Universities and Skills;
  • UK Trade & Investment.

The RDAs’ targets reflect the contribution that they make to Government Departmental objectives and the priorities identified in the Regional Economic Strategies. However, RDAs are given the flexibility to develop solutions to fit their own areas, bringing to life national aspirations in the context of regional priorities.

RDAs are accountable through their Chairman to the Secretary of State and the Chief Executives are personally accountable for the effective and efficient management of public money to Parliament (through BERR, their sponsor Department).

RDA Chief Executives also currently report to Regional Assemblies, the voluntary bodies in each region who report on the outcome of their scrutiny review each year. The LDA is accountable to the Mayor and the London Assembly.

RDAs are subject to a number of performance management and reporting requirements including Corporate Plans, Annual Reports and Independent Performance Assessments, co–ordinated by the National Audit Office.

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