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A total of 38 Enterprise Zones were introduced across the country from 1981 - in those areas, reductions in taxation and relaxed or speeded up business regulations or statutory controls were offered as a means of encouraging greater private sector economic activity in those areas. Each zone was normally designated for a fixed life of 10 years and the final designations came to an end in 2006.
The monitoring of Enterprise Zones was commissioned by the Department to meet the reporting requirements of the European Commission and to provide a record of changes in the Enterprise Zones against key outputs such as land reclaimed, infrastructure provided, buildings constructed and/or converted/refurbished and jobs created or safeguarded.
The net economic impact of the Enterprise Zones, and performance comparisons between Enterprise Zones, cannot be assessed by these monitoring reports. However, Sheffield Hallam University were asked to consider the 'transferable lessons' that might be derived from the operation of Enterprise Zones. These were the subject of a separate report Transferable lessons from the Enterprise Zones (Urban Research Summary no.12) published in January 2003 (see below).
