- Tyne Tees
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The Prime Minister has announced a £28 million deal that could bring more than 3,500 jobs to the Tees Valley.
The 'City Deal' will see some decision making powers devolved from Westminster to local authorities and organisations, who decide where the money is best spent to create new employment.
Chi Onwurah, MP for Newcastle Central, says the Government's City Deals are a welcome investment in the region but are insignificant in comparison to the amount cut from Newcastle City Council's annual budget.
Prime Minister David Cameron is questioned by ITV Tyne tees reporter Kenny Toal.
While visiting a tea factory in Stockton, Prime Minister David Cameron said the City Deal announcement was a good blend.
He said: "It's a good blend because it blends what Central Government can do and what local authorities can do and what the business led local enterprise partnerships can do.
"So it brings everyone together. It means more jobs, it means more help for businesses - particularly small businesses - and I'm particularly enthusiastic about unlocking £28m investment into using the waste heat from industry to heat homes and businesses and other premises.
"This will potentially cut their bills making use of that waste heat.
As part of his North East visit, the Prime Minister, David Cameron, spoke to factory workers at Tetley GB Ltd.
The Prime Minister, David Cameron is on Teesside today announcing investment and new jobs. He said he wants North East towns and cities to be at the centre of the country's recovery.
The Prime Minister is on Teesside announcing the 'Tees Valley City Deal' agreed between the government and local area. It means investment of £28 million and could create 3,500 jobs.
The deal focuses on carbon capture and storage, as well as a waste heat network, where waste heat from Tees Valley's industries will be used to heat buildings.