U.K. Will Maintain $95 Million Fund to Upgrade Ports
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The U.K. government will maintain the 60 million-pound ($95 million) fund it created to upgrade ports, bolstering the offshore wind-power industry, said David Howell, a foreign office minister in the House of Lords.
The comment at a conference today comes a day before the Treasury is due to announce a package of 83 billion pounds in spending cuts to reduce the budget deficit. The Guardian last night reported that port funding will be maintained.