80 jobs will be created in Wigton at a company that will produce the Bank of England's new five and ten pound notes.
Innovia Security will spend 20 million pounds on a new factory to make the bills in 2016.
The first new-style polymer-plastic five pound note will feature the face of Winston Churchill.
A year later the polymer ten pound note featuring Jane Austen will come into circulation.
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A mountaineer from Cumbria has written a book about the moment he watched his friend fall to his death in the Himalayas.
The draft budget for the 2015-16 financial year has now been agreed.
Hospital bosses urge members of the public not to attend accident and emergency units in Cumbria this Christmas unless they really have to.