Nick Brown Defends Regional Development Bodies
Nick at a One NorthEast event earlier this year to promote the region's green economy
Nick Brown has criticised threats to cut the North East’s development and training funding. The Lib Dems have suggested they would cut money used to support One NorthEast and other regeneration groups, while at the same time slashing the budget for the export guarantee credit department.
Minister for the North East Nick Brown said the cuts “could not be more damaging” to the Region.
Nick said: “From both the Tories and the Lib Dems we would see the development agency closed down. The Lib Dems would cut by at least half the Train to Gain budget and cut the export guarantee scheme. It is almost impossible to imagine a bigger blow to the region’s economy.
“Everything we have heard from the business sector has told us how useful these schemes, especially the export guarantee, have been. A move like this would wipe out any hope of an economic recovery in the region.”