Growing Places fund will boost East Devon economy

PUBLISHED: 11:24 10 November 2011

East Devon MP Hugo Swire

East Devon MP Hugo Swire

Copyright: R Braine cyberphotographer.com

East Devon MP says £500 million national fund will “improve the lives of residents”

EAST Devon MP Hugo Swire welcomes a £500 million national fund to boost the local economy in East Devon.

The £500 million Growing Places Fund aims to revive stalled building projects and create new jobs in the area.

The Local Enterprise Partnership, made up of people and businesses who know the local area best, will decide where the money will be spent.

The Heart of the South West LEP has received just over £14 million.

MP Hugo Swire says: “It will unlock much-needed local infrastructure and get the homes we need built. It will improve the lives of the local residents in East Devon.”

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