Investment zones were initially announced in the “mini-budget” in 2023 as a means to incentivise growth and investment in specific parts of the UK. Following the announcement at the Autumn Statement 2022 that the initial expressions of interest would not be taken forward, a refocused policy to use investment zones to catalyse 12 high-potential knowledge-intensive growth clusters across the UK was announced at Spring Budget 2023.
- Location
- Industry focus
- Tax benefits
- Additional benefits
Source: ICAEW
