Enterprise zone boost to regional business

Plans have been announced for 21 new 'enterprise zones' across England, as part of a government drive to promote economic growth

The new zones, planned for sites in Cheshire, Essex, Cornwall, Gosport, Hereford and the Humber estuary, will offer businesses cheaper business rates, superfast broadband and more relaxed planning controls. 

They will join existing zones in Leeds, Sheffield, Birmingham, Bristol, Liverpool, Manchester, Nottingham, London, Derby, the Tees Valley, the West Country, the North East and the west of England.

The zones are expected to generate up to 30,000 new jobs in the surrounding areas by 2015, particularly in manufacturing and new technologies, as the government focuses on stimulating these sectors. "It is vital that we create balanced economic growth across the country," said Chancellor George Osborne, announcing the zones. "For too long there has been an over-reliance on the City and it is time for us to help every part of the country to grow and realise its potential."

Click here to download the full Government prospectus and report on the new enterprise zones.

The new enterprise zones created this month are:

  • Alconbury Airfield nearHuntingdon, led by the Greater Cambridge and Greater Peterborough local enterprise partnership
  • Daresbury Science and Innovation in North Warrington, led by Liverpool City Region and Greater Manchester local enterprise partnerships
  • Discovery Park in Sandwich and West Essex in Harlow, led by the Kent, Essex and East Sussex local enterprise partnership
  • Great Yarmouth in Norfolk and Lowestoft in Suffolk, led by the New Anglia local enterprise partnership
  • Humber Waterside in Kingston upon Hull, led by Humber local enterprise partnership
  • MIRA Technology Park in Hinckley, led by the Leicester and Leicestershire local enterprise partnership
  • Newquay AeroHub, led by the Cornwall and Isles of Scilly local enterprise partnership
  • Northampton Waterside, led by the South East Midlands local enterprise partnership
  • Rotherwas in Hereford, led by the Marches local enterprise partnership
  • Science Vale, led by the Oxfordshire local enterprise partnership
  • The Solent Enterprise Zone at Daedalus Airfield in Gosport, led by the Solent local enterprise partnership.