Local collectives have been given considerable power, including the authority to initiate projects and bid for central government funds.
But it is hard to see what Britain gets out of this elite, apart from watching them bid up central London property.
Cameron announced he would require overseas firms to sign up to a new public register if they own or buy property or if they want to bid for central government contracts.
Cameron announced that overseas firms would have to sign up to a new public register if they own or buy property in the UK or if they want to bid for central government contracts.
The UK's Road Worlds bid for central government funding saw some hard talking between the Treasury and the governing body, British Cycling, with Whitehall favouring a Yorkshire bid as part of the former chancellor George Osborne's Northern Powerhouse, and British Cycling adamant there should be no done deal with other parts of the UK, including Scotland, also expressing interest.
So pushing sales of big-ticket items like commercial jets, earth-moving equipment or power plants (or stepping in to object if an American company is not being given a fair chance to bid) is central to the Obama administration's strategy to help the nation recover from the recession.
He promises that foreign companies that own properties in the UK will have to publicly register who ultimately controls them and he says no foreign company will be able to buy UK property or bid for central government contracts without joining the register.
So we will insist that all foreign companies that own properties in the UK will also have to register publicly who really controls them, and that no foreign company will be able to buy UK property or bid for central government contracts without joining this register.
"The cost of building a bridge will be in excess of £10m, so we will need to put in a bid to central government for the money and show the wider benefits it will bring.
The Conservative-controlled Suffolk County Council led the process of preparing a bid to central government for the crossing and, in December, commissioned a survey to look at three sites and said its preferred option was to build a new bridge next to the existing Bascule Bridge.
