£300m regeneration programme for Plymouth

A regeneration programme worth £300m to the South West's economy was agreed in Plymouth today.

The money, granted by the Government, will be used to stimulate industry and create more than 10,000 jobs.

The majority of investment will be made in the marine industries. But businesses and young people will also benefit - as Plymouth gains greater power to help drive the South West forward.

John Andrews reports:

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£300m 'City Deal' scheme for Plymouth

Plymouth will be given much greater powers to stimulate industry under the Government's "City Deal" scheme. It's claimed it'll put an extra £300 million into the West Country economy in the next fifteen years.