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Post by Bob on Jul 29, 2011 10:32:59 GMT 1
BRISTOL’S enterprise zone was given the go-ahead yesterday in a move that will raise concerns about the possible impact on business in Wales. Proposals for a total of 21 enterprise zones were originally set out in the Government’s Plan for Growth published by Chancellor George Osborne alongside the Budget in March. They will benefit from discounts on business rates, new superfast broadband, lower levels of planning control and the potential to use enhanced capital allowances. Ministers believe the four new zones given the go- ahead yesterday, in Birmingham, Bristol, Leeds and Sheffield, could create more than 24,000 jobs by 2015.
The Prime Minister said he hoped the roll-out of the enterprise zones would “spark business growth around the country”. Yesterday David Cameron visited Bristol with Greg Clark, Minister for Decentralisation and Cities. Mr Cameron visited Bristol’s creative quarter, Paintworks, where he met business leaders and the Local Enterprise Part
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