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Posted on 8 April 2011

New enterprise zones

Posted in Legal news

Read time: 1 minute

Leeds has been announced as one of the 21 new Enterprise Zones in England. These will all be in Local Enterprise Partnership Areas which will seek to stimulate business.activity. The exact location in Leeds has not yet been announced. Businesses which operate within these zones will be eligible for business rates relief and planning approaches are to be simplified. Superfast broadband is also to be made available and enhanced capital allowances may also be available. Hopefully this will encourage new investment and start ups in particular.