07:19 Monday 7th July 2014
BBC Radio Cambridgeshire
[P]AUL STAINTON: Over £21 million of Government money is to be pumped into the Cambridgeshire economy next year, with more payments to follow. It’s part of the Government’s £12 billion pot of Growth Deals, handed out to local Enterprise Partnerships to encourage business and innovation over the next six years. The money has been given a cautious welcome by the Greater Cambridge Greater Peterborough Enterprise Partnership, but they’ve expressed disappointment there wasn’t more cash for our county. The Minister for Cities Greg Clark is here now. Morning Greg.
GREG CLARK: Good morning.
PAUL STAINTON: Why wasn’t there more cash for Cambridgeshire?
GREG CLARK: (LAUGHS) Well Cambridgeshire has been doing pretty well recently. We signed the City Deal with the Cambridge area just a few weeks ago. That was investing half a billion pounds into the roads infrastructure of the area. We’ve got another £71 million coming in to Cambridgeshire, with some fantastic projects. So the Enterprise Zone over at Alconbury, a new expansion of the Welding Institute there, so bringing more high-skilled jobs into the area.
PAUL STAINTON: When you look at the level of immigration though into the county, when you look at the level of immigration into Wisbech and Peterborough and places like that, we haven’t got the cash we deserve, have we?
Continue reading “Cambridgeshire – a Modest Growth Deal with Conditions Attached”