The new year should signal the beginning of a new 'green' economy where hundreds of thousands of new transport jobs will be created, according to Nick Clegg.

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Speaking in his new year address, the leader of the Liberal Democrats said that 2010 should be a year of change.

"Soon we will be publishing new ideas to turn our economy away from its over dependence on the City of London to a new, green economy," he said.

Mr Clegg added that hundreds of thousands of new jobs would be created as the UK rebuilt its transport infrastructure.

A blueprint for a high-speed rail link between London and the Midlands was yesterday (December 30th) handed to the government for approval, with Transport Secretary Lord Adonis saying that high-speed rail would be his top priority over the next three months.