Chancellor George Osborne has announced a £35m government grant towards the proposed £300m Liverpool2 port scheme.
The finance will go towards funding the dredging of the Mersey Estuary in order to facilitate larger ships being able to dock at Port Seaforth. The project, which received a £150m windfall from European Investment Bank last year, is expected to create up to 5,000 new jobs when it reaches completion by 2015. Mr Osborne, who…
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