The Budget 2011 – Update re Enterprise zones

The locations of the first four enterprise zones, announced in the 2011 Budget, have been published.

They are at:

  • The Boots Campus, Nottingham
  • Liverpool Waters
  • Manchester Airport
  • Royal Docks, London

David Cameron and Nick Clegg visited the new Nottingham Enterprise Zone at the Boots campus in Nottingham yesterday to launch the first wave of Enterprise Zones.

The Boots campus covers 40 acres in Beeston and Lenton.  Businesses on the site will get up to a 100% discount on rates and superfast broadband.  There will also be reduced planning restrictions.

The Government will consider, in a limited number of zones, the scope for introducing enhanced capital allowances to support enterprise zones in those assisted areas, where there is a strong focus on high value manufacturing.

 

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