Editing Regional development agency (section)

==Abolition and replacement==
Following the [[June 2010 United Kingdom budget|June 2010 "emergency" budget]], the [[Conservative – Liberal Democrat coalition agreement|coalition government]] announced its intention to replace the RDAs by smaller-scale partnerships between [[local government in England|local authorities]] and businesses, known as [[local enterprise partnership]]s (LEPs).<ref>{{cite web|url=http://www.communities.gov.uk/newsstories/newsroom/1626460|title=Councils and businesses to rebalance local economy – GOV.UK|website=Communities.gov.uk|access-date=4 August 2017}}</ref> The RDAs were abolished on 31 March 2012. The RDA for the South West became Regen, a not-for-profit focused on accelerating the transition to clean energy<ref>{{Cite web | title=regen | url=https://www.regen.co.uk/ | archive-url=https://web.archive.org/web/19961227193554/http://www.regen.co.uk:80/ | access-date=2025-02-18 | archive-date=1996-12-27}}</ref>