Chancellor turns key to unlock regional investment

Zoe Davidson, Real Assets Partner at Deloitte, comments on the Chancellor’s focus on driving investment into the UK’s regions and nations via 12 Investment Zones:

“We welcome the Chancellor’s focus on innovation-led growth.  The UK’s regions and nations are full of businesses, entrepreneurs and innovators that need a catalyst of this type to enable them to unlock investment and, in turn, create productive jobs, attract talent, and support sustainable communities.

“The key to unlocking success will be for the Government to back this up with infrastructure investment and support for the private sector who are already investing in regional markets.” 

Commenting on the trailblazer devolution deals, Zoe Davidson added:

“The extension of powers and funding to the West Midlands and Greater Manchester has been long awaited. This will enable the city regions to have more control and ensure funding is channelled towards the right local challenges. Although the proposed single funding pots for regional capital and revenue still needs to be agreed at the next Spending Review, this is a great step forward for regions across the UK looking to drive economic growth.”