Published: 22nd Mar 2011

As I write this, we are two days from the Budget – with most politicians and commentators discussing two key elements to it – jobs and growth. In last month’s column, I talked about how localising business rates can help growth – and indeed the coalition has since launched a review into local government finance reform. However, we must look at further mechanisms to enhancing growth and jobs at the local level, such as local enterprise zones. The chancellor has confirmed that the government is planning to introduce ten of these across the UK – with the specific places still to be determined. I have been pushing for one of these development zones to be introduced in the Black Country. Many readers will of course remember the enterprise zones introduced during the 1980s which led to the successful regeneration of parts of the country, although the extent of these is … (To read the full article, subscribe below)