Graham, Tom and Ian

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Lib Dem Regional Growth Fund delivering new jobs for Stockport

by Lib Dem team on 16 July, 2013

Local MPs and councillors have welcomed more than half a billion pounds that will be pumped into small businesses via the Regional Growth Fund, which was announced last week.

Deputy Prime Minister, Nick Clegg, announced the fourth round of the Regional Growth Fund – half a billion pounds for 100 smaller businesses across the UK. This is on top of the £2,500 million already invested via the fund.

Locally this has gone to MAN Diesel & Turbo to create 15,000 training places for local people, to NXP Semiconductors UK Ltd and to Stockport Homes to create new homes, new jobs and more work for the construction industry.

This is excellent news for our area, helping to create jobs for local people. The Regional Growth Fund is a key part of the Liberal Democrat commitment to building a stronger economy in a fairer society, and pushes more investment out to the regions, with the North West among the biggest winners.

This new investment in businesses in Stockport means they can grow and employ more people.

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