Deputy Prime Minister Nick Clegg has today announced details of the first £450m worth of funding through the Regional Growth Fund and says the projects will safeguard or create 127,000 jobs.
The RGF is designed to help businesses in areas of deprivation or that are susceptible to public sector spending cuts in government’s continuing bid to rebalance the economy with more weight behind private sector growth. Applicants had to demonstrate how they would create jobs and garner further investment if successful in their bids. This first…
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