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Northern Powerhouse Enterprise Zones attracting a bigger share of jobs and investment

Business Support News

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Over 8,000 new jobs have been reported by Enterprise Zones in the Northern Powerhouse over the past 4 years.

Enterprise Zones in the North – which provide tax breaks and government support for new and expanding businesses – have attracted 8 jobs per working day since 2012 and over £1 million per day in private investment.

New figures today (27 July 2016) show, in the 3 months to December 2015, 1,220 jobs were created on northern Enterprise Zones – an 18% increase compared to the previous quarter.

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 – equivalent to 8 per working day.

Northern Powerhouse Minister, Andrew Percy said:

From Siemens in East Yorkshire to GE on Tyneside, the Northern Powerhouse is attracting some of the world’s leading businesses to locate here and offer skilled jobs. Read More

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