Clegg backs £34m Plymouth industry investment

Posted on 20 Jan 2014 by The Manufacturer

Deputy prime minister Nick Clegg believes the new Plymouth and South West Peninsula City Deal will breathe life into the city's maritime and manufacturing sectors.

The deal, signed by cities minister Greg Clark on Friday, is targeting the creation of 9,000 jobs while helping 1,500 young people find employment through £34m of public sector investment. This is supported by larger private sector investment, which should reach £262m over a long term period, and Mr Clegg said the investment will further…

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