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Finance Yorkshire, a £90 million venture capital fund to aid small and medium sized enterprises in the region is being unveiled at the Leeds event at Aspire.
Commuters in Yorkshire, particularly between Leeds and Sheffield, will benefit from Government's plans for a £30 billion high-speed rail (HSR) network as it reduces journey times.
Lord Mandelson is set to announce the Government's strategy to produce more jobs and investments in northern England, specially in cities like Leeds and Sheffield.