Agencies 'a waste of money'
More than £15bn has been "wasted" on regional development agencies, with local economies performing better before they were set up, a report says.
The TaxPayers' Alliance claimed the "failed quangos" have contributed "nothing" since being established in 1999 but cost almost £600 per home.
Abolishing the agencies in England will save enough money to cut 4p off small firms' corporation tax, it is claimed.