£81 million is coming to regenerate businesses across the East of England. Local Enterprise Partnerships are being given Government cash to help kick-start local businesses and create new jobs.
Thirty million of that will be invested in transport projects including junction 20 of the A47 in Peterborough. Cambridge also sees a new innovation centre next to Addenbrooke's Hospital to provide business space for small firms.
Ten million of that amount is to upgrade 95% of Suffolk and Norfolk businesses to superfast broadband by 2017.