Regional Growth Funding

Ten businesses and projects across the region are set to receive a share of half a billion pound as successful applicants in the fourth round of the Government's regional Growth are announced today.

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"Short-sighted and narrow-minded" funding decision for North East airport

There are concerns for the future of a North East airport after the Government turned down funding for a 4.6 million pound expansion plan.

Bosses at Durham Tees Valley Airport had hoped to secure the Regional Growth Fund cash to generate new jobs and investment.

This is the latest in a series of funding problems at the airport in recent years.

The Labour MP for Sedgefield, Phil Wilson, has described the decision as 'short-sighted and narrow-minded'.

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