Shadow business secretary Chuka Umunna
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Heseltine report 'radical' says Labour's Chuka Umunna

Lord Heseltine's call for funds used to support industry to be distributed locally rather than through central government has been welcomed by Labour.

Shadow business secretary Chuka Umunna described the report's recommendations as "radical" and told BBC News that he doubted the government would implement them, despite the report being commissioned by Downing Street.

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