Plans for two new Enterprise Zones

The Government has asked the Lancashire and the Hull and Humber Local Enterprise Partnerships to develop proposals for two new Enterprise Zones following the recent announcement by BAE Systems about their sites in Brough, Warton and Samlesbury.

If successful, the goal is to have the new zones to be up and running by April 2012. Each Zone will have simplified planning rules, super-fast broadband and over £150 million tax breaks for new businesses over the next 4 years. They'll also benefit from a 100% business rate discount worth up to £275,000 over a five year period.