05.01.2015 - North of England dominates Regional Growth Fund allocations
Business located in the North East and North West of England have received more Regional Growth Fund (RGF) commitments than any other regions in the country, new statistics have showed. A new sovereign wealth fund is also set to be established, so that tax revenues from shale gas fields in the North of England go towards local projects. Having been set up in 2010 by deputy prime minister Nick Clegg, the RGF has now supported 8,000 companies through the distribution of £1bn.............................................Full Article: Source
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