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

Head of Democratic Services, Elections & Monitoring Officer

Harborough District Council
Grade 12 £67,236 – £71,223 plus £3000pa Statutory Officer Allowance
We are looking for an accomplished and proactive leader for our vacant post of Head of Democratic Services & Elections Market Harborough, Leicestershire
Recuriter: Harborough District Council

Social Worker

Durham County Council
£35,412 - £39,152 (pre-progression) / £40,777 - £45,091 (post-progression)
We are looking for social workers who have completed the assessed and supported year in employment to join our Families First teams, working with our Durham
Recuriter: Durham County Council

Social Worker

Durham County Council
Grade 9 £35,412 - £39,152 (Pre-Progression) / Grade 11 £40,777 - £45,091 (Post-Progression)
Are you a nurturing social worker passionate about supporting parents so that children can remain with their birth family?     This could be the right Durham
Recuriter: Durham County Council

Administrative Officer

Durham County Council
Grade 4 £25,583 - £26,824
An exciting opportunity has arisen for a Administrative Officer to join our busy, friendly team, supporting Children and Young People’s Services. 1 x Spennymoor
Recuriter: Durham County Council

Lunchtime Play Worker

Durham County Council
£24,796 pro rata
Lunchtime Play Worker Grade 1 £24,796 pro rata Part Time - 6.25 hour per week, Monday – Friday
Recuriter: Durham County Council
Linkedin Banner