Page last updated at 11:27 GMT, Wednesday, 5 December 2012

Public Administration Committee

MPs took evidence from former Conservative Cabinet minister Lord Heseltine on strategic thinking in government on 5 December 2012.

Lord Heseltine, the former Deputy Prime Minister, recently published a report urging the government to take bolder action to stimulate the economy.

He wants to devolve power from London to the English regions, and "re-invigorate" big cities such as Birmingham, Manchester and Newcastle.

The report makes 89 recommendations to help industry. One of its key aims is to move £49bn from central government to the English regions to help local leaders and businesses.

The Chancellor George Osborne has said he would "study it [the report] very carefully".

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