Regional Growth Fund: A wasted opportunity?

Dragons’ Den star Theo Paphitis was short on sympathy recently for the Government's economic plight making the case that it was much of there own making. He said;

"It’s easy to cut costs, any halfwit can do that, but they’ve not stimulated the economy, or jobs, or growth. They have let themselves down by jumping on the PR band- wagon. Everything is about spin. There is too much of that and