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Ed Miliband: We'll devolve funding control to regions

ED MILIBAND pledged yesterday that a Labour government would deliver control of £30 billion of funding to local authorities and regions.

The Labour leader endorsed key features of a policy review by Lord Adonis aimed at tackling chronic regional imbalances and boosting business.

Over £30bn of funding would be devolved to existing local authorities, new combined authorities and Local Enterprise Partnerships during the five-year term of a Labour government.

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