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03 October 2011

Chancellor announces plans for two new Enterprise Zones

The Government is inviting the Lancashire and the Hull and Humber Local Enterprise Partnerships to develop proposals for two new Enterprise Zones, the Chancellor has announced.

This announcement is in response to the recent announcement by BAE Systems on their sites in Brough, Warton and Samlesbury.

The Government will work closely with the Local Enterprise Partnerships to develop strong and viable proposals for enterprise zones, with a view to enabling the zones to be up and running by April 2012. 

Notes for Editors

1. The introduction of Enterprise Zones will help to create thousands of new jobs by 2015. The Zones will attract hundreds of new start up firms, with simplified planning rules, super-fast broadband and over £150 million tax breaks for new businesses over the next 4 years.

2. The two new Enterprise Zones will benefit from:

3. Further details will be announced by the Department for Communities and Local Government after the partnerships have submitted their site proposals.

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