In reality of course, this is all horse-shit. Its classic Nu Labourism. One of Comrade Gordons favourite ruses. Announcing this with a grand fanfare, when in fact there's no new money here, just the same old guff that was committed to anyway under the regional development agencies, only with less funding. Endlessly recycled.
Usual political smoke and mirrors. Having said that, at least the Tories had the honesty to have a slimy PR man deliver the "Good News" (rejoice oh common peasants!). Then we at least know what we're getting.
I'm afraid Plan A really is the only thing they believe in. And if by the end of it we're all living in mud huts and hamsters are the common form of currency, this lot couldn't care less. It won't effect them in the slightest