Twelve new enterprise zones go live
05 April 2017
See press release: https://www.gov.uk/government/
Announced in the Autumn Statement 2015, these new zones support businesses, helping budding entrepreneurs to start and established companies to grow. They offer business rates discounts and additional tax breaks, backed by a simplified local planning process.
In addition, 2 Enterprise Zones – the west of England LEP (Local Enterprise Partnership) and the New Anglia LEP – have expanded to benefit more places and communities.
These new Enterprise Zones bring the total to 48 in England. They will build on the success of current zones, which have attracted more than £2.6 billion of private investment and more than 700 new businesses. It means more than 29,000 jobs have been created across a range of key industries since their launch in 2012.