William Eichler 17 July 2023

South Yorkshire named as UK’s first investment zone

South Yorkshire named as UK’s first investment zone image
Image: photocosmos1 / Shutterstock.com.

South Yorkshire was named by the Government on Friday as the site of the first UK investment zone.

Chancellor Jeremy Hunt said the Advanced Manufacturing Investment Zone would help leverage more than £1.2bn of private funding.

He also said it would help support more than 8,000 jobs by 2030 for communities in Sheffield, Rotherham, Doncaster and Barnsley.

The Government plans to create 12 investment zones, which are areas with low tax regimes and little regulation. Each will be supported by £80m from the Government over five years.

The Advanced Manufacturing Investment Zone has already secured £80m of investment due to a partnership between Boeing, Spirit AeroSystems, Loop Technology and the University of Sheffield Advanced Manufacturing Research Centre (AMRC), according to the Chancellor.

Secretary of state for Levelling Up, Housing and Communities Michael Gove said on Friday: ‘Today’s announcement is a significant moment for South Yorkshire as it becomes the home of England’s first advanced manufacturing Investment Zone. This will help level up the region, creating jobs and boosting economic growth.’

Sign up here to receive our free daily news and jobs bulletin.

SIGN UP
For your free daily news bulletin
Highways jobs

Lifeguard – Shift Pattern 1

Ribble Valley Borough Council
Scale 1B (scp 3-4) £12.45 to £12.65 per hour
We are looking for an experienced lifeguard to perform lifeguard duties Clitheroe, Lancashire
Recuriter: Ribble Valley Borough Council

Lifeguard – Shift Pattern 2

Ribble Valley Borough Council
Scale 1B (scp 3-4) £12.45 to £12.65 per hour
We are looking for an experienced lifeguard to perform lifeguard duties Clitheroe, Lancashire
Recuriter: Ribble Valley Borough Council

Business Support to Senior Leader

Wakefield Council
£24,790 - £25,183, Grade 4, 37 hours, Permanent
Are you flexible, looking for a challenge and a role where no two days are the same? Then this is the role for you! Wakefield, West Yorkshire
Recuriter: Wakefield Council

Locality Team Manager - East

Wakefield Council
£49,764 - £52,805, Grade 12, 37 hours, Permanent
We are looking for a Locality Team Manager to lead and manage a Locality Team Wakefield, West Yorkshire
Recuriter: Wakefield Council

Co-ordination Support Officer - Admin

Wakefield Council
£25,584 - £27,269, Grade 5, 37 hours, Permanent
Do you have excellent business administration skills with an interest in working in Adults Social Care? Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner