Deputy Prime Minister, Nick Clegg has awarded extra funding to the Regional Growth Fund to help local businesses grow, bringing the total investment to £2.85bn.
Businesses across all industrial sectors will benefit from the funding, with over £1.1bn being invested in manufacturing, including £364m in automotive, £100m in aerospace and £104m for low carbon enterprises. Today, the RGF is backing British-based business by awarding 63 new projects and programmes across England with a further £297m. The investment from the RGF will fuel business expansion…
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