NLGN says concerns remain on Enterprise Zones’ ability to deliver longer-term national growth
NLGN Media Comment
In response to today’s Government announcement confirming new Enterprise Zone locations, localism think tank the New Local Government Network (NLGN) Head of Research Paula Lucci said:
“The unanswered question remains how Enterprise Zones will contribute to longer-term national growth rather than simply offering a short, sharp boost to specific areas”
“We welcome ministers’ emphasis on creating incentives for local areas to drive growth but Enterprise Zones are only one ingredient of this. Some of the worries raised by previous experiences remain, particularly around displacement of economic activity and job creation”
“We need to put in place long-term solutions that incorporate not just Enterprise Zones, but Local Enterprise Partnerships, business rate localisation and more. This means moving beyond immediate and understandable concerns about cash, and should include a focus on issues such as skills and infrastructure”
Ends
Tweet This
Digg This
Save to delicious
Stumble it
Innovation Blog »
by Professor Kevin Ward, When George Osborne, the UK’s Chancellor of the Exchequer, mentioned Tax Increment Financing (TIF) in his 2012 Budget Statement, it marked the latest instalment in a saga that has been running for over a decade….
NLGN PARTNERS »
Technology developed for NLGN by Jag Singh