Deputy Prime Minister Nick Clegg said the Regional Growth Fund is "all about" creating jobs.
Since 2010, the Coalition Government has created 1.3 million jobs in the private sector, he added.
The Regional Growth Fund is exactly what this country needs to go for growth - from family-run Cartwright Group in Manchester who are now expanding to create 300 jobs and train up to 30 apprentices every year for the next three years, to Toyota who will use the money to help increase their ability to develop and produce new generations of Toyota cars right here in the UK, securing jobs and creating opportunities for the future.
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It will be very mild, with early cloud lifting and breaking to allow warm sunny spells by late morning.
Rather breezy, but dry and unseasonably warm, with early cloud soon breaking to give some good sunny spells.
Mild and cloudy outlook.