In the Spring 2023 budget, the chancellor announced a newly revamped Investment Zones (IZs) programme as part of the UK's push for growth. This is a significantly scaled back version of the programme outlined by the previous chancellor that planned for at least 38 zones across the country. Now there will be only 12, aimed at creating 'clusters' in five innovation-related sectors around universities or research centres. Will Brett-Harding outlines how these new IZs can increase jobs in the local areas.

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17 March 2023

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What Works Centre for Local Economic Growth

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https://whatworksgrowth.org/news/investment-zones-and-innovation/

This Blog is published under the centre's Urban programme.

This publication comes under the following theme: What determines urban growth and urban decline and what should be the role of policy?