The Deputy Prime Minister is announcing grants from the Government's Regional Growth Fund to help create and protect jobs in the North East.
This morning Nick Clegg visited CAV Aerospace near Durham, which manufactures aircraft components such as ice protection systems.
They are receiving £1.4 million which, with £8.2 million of its own investment, will generate 78 jobs and keep another 105.
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A North East photographer came into the studio earlier to talk about being shortlisted for a prestigious award.
A look ahead over the festive period.