Wednesday, 22 February 2012

Enterprise zones set to boost cities; BUDGET BRIEFS.(News)

Byline: City Editor Chris Blackhurst

THERE will be 21 new "enterprise zones" the Chancellor said today, 11 more than expected. They will offer tax breaks and deregulation on top of super-fast internet connections to help firms grow. Businesses operating within these zones will benefit from 100% rate reductions up to [pounds sterling]275,000 over a five-year period. The zones will be in cities including London, Birmingham, Sheffield and Leeds.

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