This snapshot, taken on 07/04/2010, shows web content selected for preservation by The National Archives. External links, forms and search boxes may not work in archived websites.

Access key links:

We're not updating this website or sending email alerts until after the general election on 6 May, in accordance with the rules on election propriety.

Regions are key to success

12 Mar 2010

MicroscopeRegional economies will play a crucial role in the recovery and future economic success of Britain, Business Secretary Lord Mandelson told an audience in Manchester today.

Lord Mandelson delivered the speech at the Core Technology Facility at Manchester University, home to several successful university spin outs including nanotechnology company Nanoco. He said:

"Government is acting to ensure that growth is spread across the UK so that every part of Britain shares in the recovery.

"Britain’s regional economies, like the economy as a whole, are utterly dependent on sound infrastructure. This is a vital enabler of our economic recovery and future growth – and regenerating our infrastructure as a growth plan in its own right."

Watch a video of Lord Mandelson's speech here

Read more about Lord Mandelson’s visit to Manchester University here

Minister for Regional Economic Development, Rosie Winterton, also announced a £90m venture capital and loan fund to boost businesses in Yorkshire and Humber.