North East UK news Mayor's anger over rapid U-turn as Liz Truss' investment zone plans dropped PremierLeague-News.Com

PremierLeague-News.Com - It had been hoped that two investment zones across Newcastle, Northumberland, and North Tyneside would create 23,000 new jobs and see 8,000 new homes built

North East UK news Mayor's anger over rapid U-turn as Liz Truss' investment zone plans dropped PremierLeague-News.Com

PremierLeague-News.Com - It had been hoped that two investment zones across Newcastle, Northumberland, and North Tyneside would create 23,000 new jobs and see 8,000 new homes built

North East UK news Mayor's anger over rapid U-turn as Liz Truss' investment zone plans dropped PremierLeague-News.Com
23 November 2022 - 13:15

PremierLeague-News.Com - Breaking Sport Transfer News ! A North East mayor has hit out at the Government over plans to heavily scale back one of Liz Truss’ flagship policies. Chancellor Jeremy Hunt confirmed in his Autumn Statement last week that he would “change” the Government’s approach to investment zones, proposed areas where businesses would have been given tax breaks under plans in his predecessor Kwasi Kwarteng’s infamous mini-budget in September. It had been claimed that bids to create two such zones, where planning rules would also have been relaxed, across Newcastle, Northumberland, and North Tyneside would create 23,000 new jobs and see 8,000 new homes built. But with Rishi Sunak’s administration now seeming to backtrack on the idea, North of Tyne mayor Jamie Driscoll has slammed the Government for performing such a quickfire U-turn after council officials across the country had scrambled to put bids together. The Labour mayor told a North of Tyne Combined Authority (NTCA) meeting on Tuesday that the rapid policy reversal was “no way to be treating hard working officers across the country". Read More: Council denies doing Government's 'dirty work' after hecklers challenge £23m budget cut plans He said: “We were given almost no notice of those things and they [NTCA officers] spent about a fortnight working late every night – I was getting emails asking if we are all right to sign this off at midnight. "Then for the government to say ‘actually we aren’t sure, we are going to have a rethink’, is no way to be treating hard working officers across the country.

News source = PremierLeague-News.Com

. Thank you very much to our team who run through walls to get this stuff done, they really do.” Chancellor Jeremy Hunt delivering his Autumn Statement to MPs in the House of Commons (Image: PA) Mr Hunt announced last Thursday that revised investment zone plans, expected to be announced ahead of next spring’s Budget, would “focus on leveraging our research strengths, to help build clusters for our new growth industries”. One of the North of Tyne bids included land surrounding the Northumberland Line railway, in the hope of attracting employers and housebuilders to towns served by the route between Newcastle and Ashington ahead of it reopening to passenger trains next year for the first time in decades. The second bid focused on an “Arc of Energy Innovation” based around clean energy industries in areas including the banks of the Tyne, the Newcastle International Airport Business Park, Blyth Energy Central, and Lynefield Park in Lynemouth. Durham County Council had also lodged bids for investment zones at NETPark in Sedgefield and Aykley Heads in Durham City, while the International Advanced Manufacturing Park and Sunderland riverside were also put forward as possible locations. Read More: Public inquiry to decide future of historic North Shields bridge that council wants to demolish Leamside Line fear as leaders claim Jeremy Hunt has 'cut the North East out' of critical rail upgrade Jeremy Hunt promises multi-billion pound North East devolution deal 'shortly' – but doubt surrounds Durham Locals warn of health worries if Gateshead leisure centres aren't saved from 'devastating' closure All-electric train operator based in Newcastle welcomes its one-millionth passenger

Source = PremierLeague-News.Com

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