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Government gives £35million to boost Greater Manchester Economy and create jobs

October 19, 2012 1:49 AM

marc at nomaNick Clegg, the Deputy Prime Minister and Liberal Democrat Leader, has today announced that Greater Manchester is to receive a £35million cash injection to boost Greater Manchester's economy and to create jobs.

The investment from the Government's Regional Growth Fund will be given to Greater Manchester's Local Enterprise Partnership (LEP) to support large projects in the private sector which have the potential to create new jobs.

Marc Ramsbottom, Liberal Democrat prospective Parliamentary candidate for the Manchester Central By-Election, said: "This is excellent news for Manchester. This money will help create lasting jobs and provide a real boost to our City."

"Manchester has already been very successful in bidding for money from the regional growth fund. In previous rounds we have secured investment for the Former Royal Eye Hospital, Siemens, a Loan Fund for small businesses and money for Council leaders to spend around the region. This just shows how the Liberal Democrats in Government are committed to supporting Manchester's growth and rebalancing our economy away from London and the Banks."

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