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South West RDA slashes projects

Jamie Carpenter, Regeneration & Renewal, 15 June 2009

A project to revamp the seafront at Weymouth and public realm schemes in Wiltshire and Somerset will miss out on funding from the South-West Regional Development Agency as it grapples with a £56 million reduction in funding over the next two years.

Swerda says that budget raids to support recession-busting housing and business support initiatives and a fall in land receipts will leave the agency about £56 million worse off between 2009...

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