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The Green Investment Bank is high on government must do list

The Green Investment Bank is one of the main elements that form a part of the governments green agenda. Greg Mulholland is an MP and has said that he is very happy to have been given the opportunity to launch the bid for the bank to come to the city of Leeds and its surrounding regions.

The launch event was at Broad Gate and around one hundred people from the community, including public officials as well as business people, attended. There are many other cities that are making bids to be the home to the bank including, Manchester, Edinburgh, Bristol and London. It is thought the case for the bank to be in Yorkshire is a particularly good one.

Estimates say that the bank should be functional by 2015 and that it would provide employment opportunities for around 75 people. The decision on whether it will find its home in Leeds will be made next year.

Mr Mulholland has said, “The green investment bank is a great opportunity for whichever city is chosen. The support for it in Yorkshire is huge and we all see it as an exciting opportunity” Director of Arup, Alice Owen has said, “Leeds meets all the requirements that the government have asked for. It has the financial knowledge and the infrastructure to make this happen.”

The Leeds City Region Local Enterprise Partnership has commented, “Leeds is the only region that meets all the criteria set out by the government. We already have a reputation as being a green region and the bank will reinforce this image. Local support will mean that we can make this a reality for Leeds.”

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