Policy paper

The Growth Plan 2022: Factsheet on Investment Zones

This factsheet provides a summary of Investment Zones including which areas the government is in early discussions with and how they will work.

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Details

As part of The Growth Plan 2022, the Chancellor announced we are in discussions with 38 local authorities to establish investment zones in England.

The government intends to work closely with the devolved administrations and local partners to deliver this opportunity to drive local growth in Scotland, Wales and Northern Ireland.

Investment Zones will drive growth and unlock housing across the UK through lowering taxes and liberalising planning frameworks to encourage rapid development and business investment.

Published 23 September 2022