Osklen
Winger
It’s well known mate. And he’s wrong they are rubbish they have failed terribly. Enterprise zones 'failed to deliver jobs boost'
I think that article is referring the the enterprise zones created in 2011 is it not whereas doxford international was created in 1992? What I would say is that Doxford Park has been relatively full Since it was created back in the 90’s.
Enterprise zones an enduring influence
I personally think that the enterprise zones that have been created (quorum, doxford, cobalt) have had a negative effect on our cities and would have really wanted to see businesses located in city centres, however I suspect at that time there were no suitable city (town) centre sites available. Also who knows without them would some of these businesses resides in the city centres?
Interestingly that article you referenced is commented upon by Paul Swinney, centre for cities, who I believe is from Sunderland himself.
https://www.centreforcities.org/wp-...8-Sunderland-The-challenges-of-the-future.pdf
Ok, Could you elaborate on what those contributory factors are?
I’m not exactly sure what the incentives were back in 1992 but the basis currently is that business get business rates tax relief for up to 5 years or tax relief on investment in plant and equipment etc
About Enterprise Zones
I understand from speaking to people in the sector that current enterprise zones are much weaker than the earlier ones such as doxford park.
It would appear from the following article that the developers were given tax allowances to offer Rent free periods to tenants.
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