Clegg: Investment will jump-start growth
Deputy prime minister Nick Clegg unveils the second round of successful bids for the regional growth fund:
"I am delighted to be able to announce this boost to business, which will jump start growth and create jobs that last in the places that really need it.
"This targeted support for businesses across the country allows them to expand and create jobs.
"It unlocks private sector investment – with at least £5 put in for every £1 of public money.
"People in the rest of Britain have been let down for far too long by governments in thrall to one Square Mile of it.
"The first pot of regional growth fund money is already making a difference across the country – helping to rebalance our economy so that every region and sector benefits."