THE body set up two years ago to attract jobs and investment to Leeds is set to be wound up.
If the plan is approved next week, the work on inward investment carried out by Leeds and Partners will be taken over by the Leeds City Region Local Enterprise Partnership (LEP) while its tourism work will be transferred to Leeds City Council.
Leeds and Partners staff will transfer to the LEP or council depending on their role.
The changes are expected to be in place by April.
Leeds and Partners chief executive Lurene Joseph announced in October that she will leave her £160,000 a year role in the spring after a controversial tenure.
The reorganisation means efforts to attract jobs and investment to the area will now be pursued jointly by the Leeds City Region group of councils through the LEP.
As a result, Leeds City Council expects to save around £1 million as the administrative costs of Leeds and Partners are lost and it shares the bill for inward investment work with its neighbours.
A report to be considered by Leeds City Council’s executive at a meeting next week suggests as part of the new arrangements a ‘director of inward investment’ will be employed at the LEP to lead a team of around 16 people.
For legal reasons they will be employed by the West Yorkshire Combined Authority - the body which brings together the five West Yorkshire councils and York to work together to grow the area’s economy.