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£3BN EUROPEAN WINDFALL FOR UK'S POOREST REGIONS

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Four of the UK's poorest areas are to receive a total of nearly£3bn in a seven-year programme of European objectiv...
Four of the UK's poorest areas are to receive a total of nearly£3bn in a seven-year programme of European objective one aid.

The European Commission has approved government proposals for spending the money, which is expected to create more than 150,000 new jobs and train 420,000 workers.

Merseyside, Cornwall and the Isles of Scilly, South Yorkshire and West Wales and the Valleys will benefit from the funding.

The cash is aimed at enhancing the competitiveness of the European Union's deprived regions.

EC regional policy member Michel Barnier said: 'The commission is renewing its commitment to regional growth in the UK with the approval of these ambitious economic development targets.'

The issue was crucial in toppling his predecessor, Alun Michael, who was accused of not doing enough to secure EU funds.

Mr Morgan said: 'This latest news is a vindication of all our hard work and yet another important achievement for the assembly.'

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