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Regional Growth Fund could help create procurement jobs

Procurement jobs could be among those created by the government after it was announced that ministers will be pumping £950 million into local economies.

The money forms a part of the country's Regional Growth Fund, thought to be worth £1.4 billion, which is designed to help create new jobs in various economies.

In this case, bids from 119 businesses and local partnerships have been accepted and each will receive funding to help expand their operations and help create economic growth.

Deputy Prime Minister Nick Clegg explained the purposes of the Regional Growth Fund.

"I am delighted to be able to announce this boost to business, which will jump start growth and create jobs that last in the places that really need it," he said.

"This targeted support for businesses across the country allows them to expand and create jobs."

New jobs could also follow after the government announced it is looking into rearranging clock changes to put it an hour ahead of Greenwich Mean Time and British Summer Time.

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