Financial Secretary to the Treasury Greg Clark said the people in the regions are best placed to solve any "obstacles" that stand in the way of jobs.
Highlighting a lack of skills, and infrastructure, he said "the people who can best do something about it, are the people in those towns".
More top news
Dozens of women gathered on Westminster Bridge to form a human chain in a show of solidarity with the victims of Wednesday's terror attack.
Cold with some misty cloud by dawn
Mum's across the nation have shared their delight at having actor Tom Hardy read another bedtime story on children's TV channel CBeebies.