£8m grant welcomed

12:06 24 October 2012


A massive £8milllion grant has been rubberstamped by Whitehall chiefs, which could create 1,000 new jobs in East Devon and Exeter.

The Exeter and East Devon Growth Point has secured the cash from the Government’s Regional Growth Fund (RGF), a £2.4billion pot of cash set up to boost economic growth.

The Exeter and East Devon Growth Point, which includes Exeter Science Park and the Clyst Honiton by-pass, intends to use the money, which should be available in the new year, to fund new roads and green energy schemes, or used to remove obstacles and kick start development.

Ultimately, it is expected that this will help to create more than 1,000 jobs and help build more than 1,000 new homes.

Cllr William Mumford, chairman of the Growth Board said: “This is fantastic news.

“We are getting ever-closer to delivering on our vision, affordable homes, good job opportunities and sustainable living.”

Leader of East Devon District Council Paul Diviani said: “We are delivering substantial, dynamic development.

“We are over the moon that the Government has seen fit to allocate a substantial portion of the Regional Growth Fund to enable us to continue the process.”


Other News Stories


Work is now well under way on the construction of Exmouth’s new M&S food store - with its metal frame appearing on the skyline.

Read more

A pet dog turned hero, protecting its family as they slept, when it chased off a burglar from a home in Brixington.

Read more

Winter shoppers will be able to benefit from cheaper car parking in East Devon, thanks to a returning offer from the district council.

Read more

A self-funded social club in Exmouth for adults with learning disabilities is urging people to support its bid to fund to new bus.

Read more

A fish restaurant franchise which will open in Exmouth in December has been nominated for a seafood award.

Read more

The NHS is consulting on proposals to axe prescriptions of gluten free food in North, East and West Devon for those suffering coeliac disease - what do you think? Vote in our poll.

Read more

Residents are being invited to have their say about plans to cut hospital beds in East Devon – possibly in Exmouth – at public events.

Read more
Yesterday, 14:45

The Mount Charles-owned Fed & Watered Café-Bar in Exeter Airport has won an industry award, presented by former Pop Idol winner Gareth Gates.

Read more
Yesterday, 14:33

Do you have spooky happenings at home? With Halloween on the horizon, take the spook-tacular quiz to find out if those unexplained bumps in the night are your imagination, or signs of a haunted home. http://howhauntedisyourhouse.com/quiz.php

Read more
Yesterday, 13:37

A 61-year-old Budleigh Salterton man who grew cannabis for his own use has been handed a suspended jail sentence

Read more

Local Weather



max temp: 14°C

min temp: 11°C

Most Read News

Useful Links

Advertise in the Paper
Submit a Story
Subscriptions Order
Photo Orders
Family notices
Google Plus
Reader Travel

Family Notices 24

Read Online

Read the Exmouth Journal e-edition E-edition

Newsletter Sign Up

Local business directory

Exmouth's trusted business finder

Show Job Lists

Find planning applications