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Government provides £50 million for Tech City development

7 Dec 2012 12:00 AM | Anonymous

David Cameron has announced further investment for Tech City totalling £50 million to develop Old Street roundabout adding space for future start-ups.

The investment will include the creation of a civic centre including classrooms, workshop space and printing facilities in addition to super-fast broadband infrastructure.

Cameron said in a statement: “"As well as backing the businesses of today, we are creating an aspiration nation and also backing the innovative, high-growth businesses of the future".

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