The FINANCIAL - Clegg reveals £1bn jobs fund boost

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Clegg reveals £1bn jobs fund boost

23/02/2012 06:14 (450 Day 16:35 minutes ago)

The FINANCIAL -- An extra £1 billion is being made available to businesses seeking support to create new jobs, the Government has announced.

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According to London Stock Exchange, the money is part of the Regional Growth Fund, which now totals £2.4 billion, which is attracting a growing number of companies trying to access cash.

Deputy Prime Minister Nick Clegg said there had been more than 170 successful bids to the fund, leveraging around £7.5 billion of private sector investment and set to create and protect 330,000 jobs.

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