Local enterprise partnership Tees Valley Unlimited (TVU) is one of 20 areas bidding for powers, including the right to spend local tax receipts.

BBC: Tees Valley City Deal 'may secure 22,000 jobs'

The report was welcomed by business leaders but Tees Valley Unlimited (TVU) said there had been a lack of input from the south of the region.

BBC: Lord Adonis reveals plans for North East economy