VIDEO: 30,000 new jobs promised for East Midlands
A £5.2billion investment in transport projects, the construction of up to 30,000 new homes and improvements to education in the region were also promised by prime minister David Cameron and chancellor George Osborne.
The pair are visiting the Bombardier factory in Derby to announce the Tories’ long-term economic plan for the Midlands.
Mr Cameron said: “We are building a more resilient economy to benefit hard-working people across the Midlands, from its great cities to the stunning countryside of the Derbyshire Dales.
“We are already seeing more jobs and greater growth in the region, but we want to see more.
“That’s what our long-term economic plan will do – it will help the region build on its success and create new opportunities through massive investment in infrastructure and housing.”
Mr Osborne added: “Under this Government, the Midlands has been growing and creating jobs faster than the average for the whole of the UK.
“The challenge now is to sustain this.”
Transport secretary and Derbyshire Dales MP Patrick McLoughlin said he was “delighted” to see Mr Cameron and Mr Osborne in the county.
He added: “What we have seen from the visit is further evidence of this Government’s commitment to helping people in Derbyshire and across the Midlands get on with their everyday business.”
George Cowcher, chief executive of the Derbyshire and Nottinghamshire chambers of commerce, said: “This is very good news for the region and businesses will welcome it.
“The Midlands is an important part of the UK economy.
“It’s significant and pleasing that Government is recognising and supporting our key sectors through investment.”
For more information about the Conservatives’ long-term economic plan for the Midlands, visit HERE