The Government announced today that there would be a further 11 Enterprise Zones across the country, designed to boost local growth and create more than 30,000 new jobs by 2015. One of these zones will be based around our area of Harwell Oxford and Milton Park - known as Science Vale UK.
These zones have simplified planning rules and over £100m tax breaks for new businesses over the next four years. It is estimated that there will be over 200 businesses and between 6,250 - 10,500 jobs created locally by April 2015. This is excellent news for our area and I look forward to working with our Local Enterprise Partnership to ensure this zone is a success and at the forefront of the growing economy.
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