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A major TV and film studio complex is to be built in Sunderland after the government confirmed a devolution package for the north east of England.

Chancellor Jeremy Hunt announced a "trailblazer" deal, which will eventually unlock up to 拢120m towards the development of Crown Works Studios.

Fulwell Cain - a joint venture between Fulwell 73 and Cain International - said it has raised 拢450m in private investment to pay for its construction.

About 8,500 jobs are expected to be created by the development.