05/06/2011

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Duration: 1 hour, 10 minutes

Jon Sopel and Richard Moss are here with the top political stories of the week.

  • Blog: Heseltine defends Regional Growth Fund for jobs

    Blog: Heseltine defends Regional Growth Fund for jobs

    Lord Heseltine defends the Regional Growth Fund.

    The Growth Fund has already produced far more losers than winners.

    In the first round there were 468 bids for £2.8bn - more than twice the total amount in the fund.

    So in the end 45 succeeded, gaining £450m - a one in 10 hit rate.

    A second round of bidding is now underway - with £950m available this time.

    BBC Richard Moss: Heseltine defends Regional Growth Fund for jobs

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Presenter
Jon Sopel
Presenter
Richard Moss

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