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£950m for jobs in Hampshire

Deputy Prime Minister Nick Clegg and Minister for Cities Greg Clark will sign a City Deal with local authorities and business groups today that will see thousands of new jobs created in Southampton and Portsmouth.

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1000s of new jobs for Southampton and Portsmouth

A rally at the weekend to protest about massive job losses in Portsmouth Credit: Meridian

Deputy Prime Minister Nick Clegg and Minister for Cities Greg Clark will sign a City Deal with local authorities and business groups today that will see thousands of new jobs created in Southampton and Portsmouth.

The deal will provide £953 million of investment into the area, creating more than 17,000 jobs. The flagship proposal will unlock two high-profile sites within Southampton and Portsmouth in order to make the most of the area’s marine and maritime assets.

Gerald Vernon-Jackson, leader of Portsmouth City Council, has demanded proper support after the announcement of 940 job losses at the dockyard.

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