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Video support for Green Investment Bank

John Ashcroft

On online video channel has been set up for people to post messages of support for the campaign to bring the £3bn Green Investment Bank to Manchester.

Among those to have already submitted clips are Greater Manchester Local Enterprise Partnership chairman Mike Blackburn and Manchester City Council leader Sir Richard Leese.

They have been joined by leading professionals from the city, such as Simon Allport, partner at Ernst & Young, Paul Lupton, partner at Deloitte and Paul Johnson, partner at Cobbetts.

The idea of the GIB is to accelerate private sector investment in the UK's transition to a green economy. Government will fund it to the tune of £3bn until 2015, from which point it will raise its own money by borrowing from other lenders.

Manchester is up against locations like Leeds, Liverpool, London and Bristol in the battle to lure it to the city.

Campaign leader John Ashcroft, chief executive of membership organisation pro.manchester, said: "We’re delighted to have received such great levels of support in this past week. It has propelled our campaign even higher; it shows that not only does Manchester have the right professional ecosystem for the initiative, but it has one that fully supports it too.”

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