The Birmingham Post (p3) reports that by 1999, when the final payment is received, the city will have been handed£500m in grants since 1984.
However, the rules governing the allocation of grants are to be changed and will be calculated using solely the rate of employment of regions to assess eligibility.
Labour councillor Albert Bore said the changes could strip the city of£100m over three years and said using solely employment as the rule provided just a 'snapshot' of Birmingham's economic needs.
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