David Ruffley MP welcomes the effect New Enterprise Zones will have in Bury St Edmunds

Friday, 19 August, 2011

David Ruffley MP welcomes the creation of two New Enterprise Zones in East Anglia that will help drive economic recovery in the area. Earlier in the summer, David Ruffley wrote to the Chief Executives of both the bidding Local Enterprise Partnerships to issue his strong support for both proposals.

Businesses in the New Enterprise Zones will be given cheaper business rates, superfast broadband and lower levels of planning control to help expand and grow.

Alconbury Airfield in Cambridgeshire and Lowestoft in Suffolk have both been approved as two of the twenty one sites in the UK for New Enterprise Zones.

The former RAF Alconbury site is expected to create 8000 jobs in the hi tech sector and the Lowestoft site is expected to create 8,300 direct and 4,150 indirect jobs over a 25 year span.

Commenting on the success of the campaigns run by the Greater Cambridge Greater Peterborough Enterprise Partnership, and the New Anglia Local Enterprise Partnership, David Ruffley MP said:

'I am extremely pleased to have supported two business areas near the Bury St Edmunds constituency that have been chosen as New Enterprise Zones. Both sites will cover highly specialised industries which will bring thousands of new jobs to Suffolk and Cambridgeshire.

Following the recent announcement that unemployment has once again gone up slightly, these New Enterprise Zones are exactly what is needed to kick-start the UK economy.'