HMT - UK Her Majesty's Treasury

09/23/2022 | Press release | Distributed by Public on 09/23/2022 03:21

The Growth Plan 2022: Factsheet on Investment Zones

As part of The Growth Plan 2022, the Chancellor announced we are in discussions with 38 local authorities to establish investment zones in England.

The government intends to work closely with the devolved administrations and local partners to deliver this opportunity to drive local growth in Scotland, Wales and Northern Ireland.

Investment Zones will drive growth and unlock housing across the UK through lowering taxes and liberalising planning frameworks to encourage rapid development and business investment.