Government announces £5 billion for English regions

Officials said the extra £5 billion in regional investment would create thousands of jobs and help re-balance England's over-centralised economy.

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Clegg: £5bn local fund ends years of Govt bossiness

Nick Clegg has hailed government plans for a £5billion regional pot as opening a new era for England's regions.

"This is something that turns a page of decades, generations of over-centralised bossiness from Whitehall," the Deputy Prime Minister told Good Morning Britain.

"I'm really excited because you just get a lot more bang for your buck."

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