Full Report: Plans for South Shields' regeneration

The economy is struggling, and councils are facing huge cuts, but people in South Shields are nevertheless being promised a multi million pounds revamp of their town.

A master plan revealed today includes a new shopping area, new library and cinema, which councillors insist they can afford.

You can watch the full report from our Business Correspondent Ben Chapman below.

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South Shields' Regeneration

Plans have been revealed today for a proposed 100 million pound renovation of South Shields town centre.