{"id":72781,"date":"2016-07-27T12:18:55","date_gmt":"2016-07-27T12:18:55","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=ffd5a4f20e5c10d63fde37eaa1f4f3c3"},"modified":"2016-07-27T12:18:55","modified_gmt":"2016-07-27T12:18:55","slug":"press-release-northern-powerhouse-enterprise-zones-attracting-a-bigger-share-of-jobs-and-investment","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=72781","title":{"rendered":"Press release: Northern Powerhouse Enterprise Zones attracting a bigger share of jobs and investment"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Enterprise Zones in the North \u2013 which provide tax breaks and government support for new and expanding businesses \u2013 have attracted 8 jobs per working day since 2012 and over \u00a31 million per day in private investment.<\/p>\n<p>New figures today (27 July 2016) show, in the 3 months to December 2015, 1,220 jobs were created on northern Enterprise Zones \u2013 an 18% increase compared to the previous quarter.<\/p>\n<p>This was in part thanks to 30 new companies choosing to expand on northern Enterprise Zones. Over 8,000 new jobs have been reported by Enterprise Zones in the Northern Powerhouse over the past 4 years \u2013 equivalent to 8 per working day.<\/p>\n<p>Northern Powerhouse Minister, Andrew Percy said:<\/p>\n<blockquote>\n<p>From Siemens in East Yorkshire to GE on Tyneside, the Northern Powerhouse is attracting some of the world\u2019s leading businesses to locate here and offer skilled jobs.<\/p>\n<p>Today\u2019s figures make clear the real appetite to invest and do business in the North, with over 8,000 jobs over the last 4 years, thanks in no small part to the high quality local support on offer to new and growing companies.<\/p>\n<p class=\"last-child\">So I am especially pleased that Barclays has become our latest Northern Powerhouse Partner, and would urge all companies across the Northern Powerhouse to do all they can to promote our area as a place where businesses can thrive and grow.<\/p>\n<\/blockquote>\n<h2 id=\"a-thriving-northern-powerhouse\">A thriving Northern Powerhouse<\/h2>\n<p>Enterprise Zones are central to the government\u2019s plans to rebalance the economy \u2013 offering world-class infrastructure and growth incentives for companies across a range of key sectors.<\/p>\n<p>There are now 14 enterprise zones across the Northern Powerhouse, each offering a range of support to businesses located there including:<\/p>\n<ul>\n<li>business rate discount worth up to \u00a3275,000 per business over a 5-year period<\/li>\n<li>generous enhanced capital allowances (tax relief) worth millions to businesses making large investments in plant and machinery<\/li>\n<li>100% retention of business rate growth for the Local Enterprise Partnership, to enable them to fund development on the Enterprise Zone<\/li>\n<\/ul>\n<p>Today\u2019s figures underline how the Northern Powerhouse continues to flourish, and offer opportunities for businesses to expand and boost local job opportunities.<\/p>\n<p>Today, leading bank Barclays signalled they would become the latest \u2018Northern Powerhouse Partner\u2019, to support businesses across the area and promote the business opportunities both in the UK and abroad.<\/p>\n<p>Mr Percy urged other leading companies to follow their lead, and to promote how the Northern Powerhouse is open for business.<\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p>Data on the outputs of the Enterprise Zones programme are self-reported by local areas on a quarterly basis. It covers all of England but currently excludes London.<\/p>\n<p>Today\u2019s figures also show that 2,666 jobs were attracted  by enterprise zones across the country in the 3 months to December 2015 \u2013 an 11% increase on the previous quarter.<\/p>\n<p>Data provided by individual Enterprise Zones covering the period up to the 31 December 2015. Breakdown of jobs and investment data nationally and by region can be found on the <a rel=\"external\" href=\"http:\/\/enterprisezones.communities.gov.uk\/ez-data-release-27-07-2016\/\">Enterprise Zones website<\/a>.<\/p>\n<p>Key successes from Northern Powerhouse enterprise zones include:<\/p>\n<ul>\n<li>The Sheffield City Region Enterprise Zone, which has already attracted leading businesses including Boeing, Siemens and Rolls Royce<\/li>\n<li>The Humber Enterprise Zone where Siemens has chosen to invest in their \u00a3310 million Blade Manufacturing Plant<\/li>\n<li>Sci-Tech Daresbury who have recently reported that sales by companies grew by a quarter during 2015 \u2013 generating \u00a390 million.<\/li>\n<\/ul>\n<div class=\"contact postal-address\" id=\"contact_40\">\n<div class=\"content\">\n<h3>Office address and general enquiries<\/h3>\n<div class=\"vcard contact-inner\">\n<p class=\"adr\">\n<span class=\"street-address\">2 Marsham Street<br \/>\n<br \/>\nLondon<\/span><br \/>\n<span class=\"postal-code\">SW1P 4DF<\/span>\n<\/p>\n<div class=\"email-url-number\">\n<p class=\"contact_form_url\">\n              <span class=\"type\">Contact form<\/span><br \/>\n              <a href=\"http:\/\/forms.communities.gov.uk\/\">http:\/\/forms.communiti&#8230;<\/a>\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">General enquiries:  please use this number if you are a member of the public<\/span><br \/>\n              030 3444 0000\n            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"contact \" id=\"contact_171\">\n<div class=\"content\">\n<h3>Media enquiries<\/h3>\n<div class=\"vcard contact-inner\">\n<div class=\"email-url-number\">\n<p class=\"email\">\n              <span class=\"type\">Email<\/span><br \/>\n              <a class=\"email\" href=\"mailto:press.office@communities.gsi.gov.uk\">press.office@communities.gsi.gov.uk<\/a>\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">Please use this number if you&#8217;re a journalist wishing to speak to Press Office<\/span><br \/>\n              030 3444 1201\n            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over 8,000 new jobs have been reported by Enterprise Zones in the Northern Powerhouse over the past 4 years.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/72781"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72781"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/72781\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}