Editing Regional development agency (section)

==Funding==
The RDAs were funded from [[HM Treasury]] via six central government departments:
*[[Department for Business, Innovation and Skills]]
*[[Department for Communities and Local Government]]
*[[Department for Energy and Climate Change]]
*[[Department for Environment, Food and Rural Affairs]]
*[[Department for Culture, Media and Sport]]
*[[UK Trade and Investment]]

The funding from these departments was pooled, and then allocated to each of the RDAs based on several factors, such as the percentage of people living in deprived areas within the RDA catchment area and the unemployment rate.<ref>{{cite journal| last1 = Pearce| first1 = Graham | last2 = Ayres| first2 = Sarah| date = 2009| title = Governance in the English Regions: The Role of the Regional Development Agencies| url = https://journals.sagepub.com/doi/10.1177/0042098008100994| journal = Urban Studies| volume = 46| issue = 3| pages = 537–557| doi = 10.1177/0042098008100994| bibcode = 2009UrbSt..46..537P | s2cid = 155005099 | access-date = 2023-05-20| hdl = 1983/80a63495-8962-48ca-976e-f338020050c7| hdl-access = free}}</ref> The total funding, known as the 'Single Pot', was:{{Citation needed|date=May 2023}}
*2006/2007 – £2.244 billion
*2007/2008 – £2.297 billion
*2008/2009 – £2.193 billion
*2009/2010 – £2.260 billion
*2010/2011 – £1.760 billion

In 2009 a study by accountants [[PriceWaterhouseCoopers]] showed that RDAs were generating £1 for the local economy for every £1 of public spending, though this figure was estimated to rise to £4.50 when long-term investments in infrastructure matured.<ref>{{cite web |last=Tyler |first=Richard |date=31 March 2009 |title=Regional development agencies 'deliver value for economy' |url=https://www.telegraph.co.uk/finance/5084548/Regional-development-agencies-deliver-value-for-money.html |access-date=4 August 2017 |website=The Daily Telegraph|location=London}}</ref>