Subject - £37 million cash boost for business growth in the North West

Posted : (Tuesday 1st July 2008 ) By - jess (Registered User)Local Government Minister John Healey today confirmed that 43 councils in the North West will receive more than £37 million as a reward for successfully promoting economic growth in their areas. They are among 371 councils sharing almost £300 million
Councils are able to spend this additional funding from the Local Authority Business Growth Incentives scheme (LABGI) as they see fit according to local priorities. It follows a consultation on provisional allocations announced in April.
The good progress that councils have made in encouraging new business growth means we have been able to confirm payments for the third year of this special three year scheme.
For more information, see the News Distribution Service Website