JLR and University of Birmingham set for cash boost
Oct 27 2010 by Jonathan Walker, Birmingham Mail
A GROUNDBREAKING project bringing together the University of Birmingham and city employer Jaguar Land Rover is to receive a share of £200 million to boost local economies, David Cameron has announced.
The Prime Minister set out plans to “transform our fortunes” by helping businesses flourish, in a speech to the CBI.
His plan to promote economic growth followed Chancellor George Osborne’s Spending Review last week – which cut spending by £81 billion in a move which could cost 490,000 public sector jobs.
The Government admitted posts would be lost but argued that new jobs would be created in the private sector.
Launching the Government’s new National Infrastructure Plan at the CBI’s annual conference, Mr Cameron said £200 million would be provided for Technology and Innovation Centres over the next four years, to help universities and businesses work together.
