Why?
Because the scheme is spending as much as £200,000 generating a single job.
Needless to say, Dave and Nick praised the initiative when they visited Essex earlier this week.
And previously, Nick has said the fund would lead to half a million jobs. But that was a lie, Nick, wasn't it? The report forecasts that it will create only up to 41,000 jobs.
Then there's Nicebutdim Nick's claim that the fund would help rebalance the economy. It hasn't, has it, Nick?
'£1.4bn regional growth fund not value for money, says finance watchdog' - http://bit.ly/IOKLnt (Guardian)
