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It is hoped thousands of jobs will be safeguarded in the South West with more than £50m being allocated for a range of projects.
Among the schemes is Europe’s first geothermal lithium recovery pilot plant to extract lithium for use in batteries at United Downs, near Redruth in Cornwall.
The Hall for Cornwall in Truro (pictured) is also on the list to share in the money from the government's Getting Building Fund.
In Devon, the new future Skills Academy at Exeter Airport is looking for £1m to provide training for advanced engineering and green jobs.
Another scheme on the list is a water sports centre for Ilfracombe, which could bring about 100 jobs.
Projects will have make detailed business cases to get their share of the money, which will be spent over the next 18 months.
The government said it estimated the schemes would create or secure 4,547 jobs in Devon and Somerset, 687 in Cornwall and 345 in Dorset.
Cheddar reservoir has been closed to visitors today due to a spike in anti-social behaviour during periods of hot weather.
The decision comes after a “dramatic” increase in people swimming, drinking, littering and gathering at the site.
Steve Smith, head of recreations at Bristol Water, said: “I’m a huge advocate of walking in nature for our wellbeing, so this is not a decision taken lightly.
“We’re sorry that the actions of a small minority are ruining it for the majority, but we cannot risk anyone losing their life.”
The reservoir will be shut on days where the temperature exceeds 23 degrees.
During periods of closure, car parks and gates will remain locked and security will be on site.
Closures will be published at least 24 hours in advance, and signs will be in place locally.
Mr Smith added: “Thank you to everyone who enjoys the reservoir safely and we're sorry that we've had to resort to this.”
He added that this year, anti-social behaviour has been “unlike any other year” – largely, he believes, because people are not going on holiday and also swimming pools have been closed due to coronavirus.
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Bath's Christmas market has been cancelled over concerns about the spread of Covid-19.
The market, which attracts thousands of people a year to the city, was due to take place between 28 November and 15 December.
Chief executive of Visit Bath, Kathryn Davis, said: "It is disappointing that we cannot hold the Christmas Market this year, but I hope everyone will understand the reason for this decision and the early notice we are giving.
"We fully understand the value of the Bath Christmas Market to the city, but public safety and preventing the spread of Covid-19 has to come first."
She added there would still be music and entertainment, cultural events and street stalls and all of this would be delivered in a Covid-secure way.
"Our message is that Bath is still open, however Christmas will look a little different this year so we can all enjoy it safely and we hope to be back to normal next year and celebrating the 20th Christmas market.”