In September 2022 British finance minister Kwasi Kwarteng outlined what he called an "unprecedented set of tax incentives" for businesses in newly-announced investment zones, saying the government would also liberalise planning rules for specified agreed sites. The government said there were potential investment zones in England so far but it would work with the devolved administrations in Scotland, Wales and Northern Ireland to deliver them around the United Kingdom. Areas interested in becoming investment zones include Liverpool and Greater Manchester in northwest England, Somerset and Plymouth in the southwest, Sunderland and the Tees Valley in the northeast and Southampton and Essex in the south and east.
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@9P4GG7F5mos5MO
No -as long as the local environment is not compromised and alternative ways of working (I.e remote working- whereby you could hire an individual from anywhere nationally) is applicable and appropriate.
@9P7K5M25mos5MO
No, it's a bad policy, but central government should not provent local authorities from providing incentives if they want to.
@9RT3JKX4mos4MO
No, but relocation should be allowed, as long as the local environment is not compromised, but spend the money on improving infrastructure.
Communities should be involved in decisions, in the workforce, in the management and in plan implementation. Also environmental legal protections should not be ignored.
@9J8HBZ210mos10MO
No, spend money on improving infrastructure and comunity to attract companies and punish them from movig jobs overseas.
@9J8G9KC10mos10MO
Spend money on improving infrastructure to atract companies and punish them for moving jobs overseas.
@9J7ZPWQ10mos10MO
Spend money to attract demstic and foreign investitors and punnish them from moving country overseas.
@9G5MCLJ1yr1Y
Punish them for moving jobs out of the country, don't subsidise the businesses unless the company will create new jobs for local and national industry, and the tax revenue will exceed the incentives in a short amount of time.
the government should increase incentives to relocate companies to deprived areas to help increase investment in the area
@9FLR736 1yr1Y
Yes, as long as the local environment is not compromised, 35% of new jobs should go to local residents and the incentives will be re-evaluated after 3 years.
@9F7FLY41yr1Y
Yes, as long as the incentives are coming out of the cities already existing budget.
@99WMGZV2yrs2Y
No, spend the money on teachers and NHS workers wages.
@9MD8SGF7mos7MO
Yes but only if there was a tender framework and that there was public consultation. All records should also be immediately made public.
@9LXWZW5Conservative7mos7MO
Yes, but only if it is fairly proven that this is for a good reason, and also only if everybody within the company (and the manager or managers) agree to it.
@9F3SPQ31yr1Y
No, the large corporations that are able to take advantage of these schemes end up redistributing wealth out of the local community.
@9BDPLSP2yrs2Y
@8SKJTS5Conservative4yrs4Y
Yes, but only to relocate from other countries, not from within the UK.
@8RVJ8SV4yrs4Y
No, but cities should be allowed to offer non-monetary incentives to attract incoming businesses.
@8Q4F8DP4yrs4Y
Yes as long as there is not a tax break incentive and the company hires local residents and boosts the local economy.
Amazon should not be punished for its success - most people are happy to benefit from its many operations. If it creates jobs and wealth for local people and doesn't adversely affect other businesses in the area then it could work
Yes, as long as the environment is not compromised and money is brought into the city's economy
No, use the money to incentives greener businesses while still maintaining or even making new jobs
@8NWWP8V4yrs4Y
private companies should be owned collectivised and owned by the workers
@8KMJC684yrs4Y
Yes, but only for jobs that would not be relocated domestically
@8KJS9694yrs4Y
Yes, because I believe it could have a positive impact on the economy
@8HB9G4R4yrs4Y
Yes, but only if local citizens and stakeholders can vote and have a say on what's to happen.
@8CBBFR84yrs4Y
Yes but only from outside the UK, do not let it turn into a civil war offering the city to the company to outbid another city.
@8SK7MC5Plaid Cymru4yrs4Y
Yes, but they should prioritise smaller, local businesses
@8S88LXR4yrs4Y
Abolish private business
@9BYP4J8Conservative2yrs2Y
Yes but the environment, the tax revenue and effect on local economy should be considered
@9BFWYPQ2yrs2Y
Yes, as long as the local environment is not compromised and the tax revenue will exceed the tax incentives within 3 years
@98QG4NG2yrs2Y
Yes only to a certain extent with competitive rules with regulatory style body to enforce them else richer towns will become richer and poorer ones will become poorer.
@965TC6R2yrs2Y
Yes, but only if local citizens can vote on this and only if new jobs will be created in the area.
@962VZL82yrs2Y
If it won't compromise the environment, hires from the local area and the local people can vote on what incentives are offered.
@95NMVQ32yrs2Y
No spend that money on improving Infrastructure and the community to attract companies but punish them for moving jobs out the country if necessary
@92YXDMQ3yrs3Y
yes but only if it is certain they will help the community they are relocating to
@8ZP7NZL3yrs3Y
Only if they can’t take advantage economically
@8ZP7CSF3yrs3Y
Yes, only if they can not economically take advantage
@8YVLB363yrs3Y
Nationalise them if they cam provide lots of jobs if they are not willing to relocate
@8YGGHN73yrs3Y
In principle yes,, but these deals should come under close scrutiny as it would be open to abuse and corrupt practises. Local government should encourage economic growth preferably by investing in smaller already locally based companies.
@8Y7VGPHPlaid Cymru3yrs3Y
Yes but only if those private companies then become nationalised
@8Y666TX3yrs3Y
Yes, if the company promises to create new jobs by hiring local residents and improve infrastructure and the community to attract companies
@8XRM65M3yrs3Y
I will need to do more research on this topic to give a stance
This would have to be discussed and voted both nationally and in regional districts.
As long as the local population are offered jobs, the local environment is not compromised and the economic net positive benefits said area (ie. enriching economic, social, cultural, educational, etc life)—be wary as to corporate monopolies alongside moderate to thorough governance and genuinely liveable wages.
@8TXYYCG3yrs3Y
Yes provided there is evidence that the assistance will deliver net additional employment or output and doesn’t just displace from one place to another
@8SLNTH34yrs4Y
Yes, as long as the local environment is not compromised and they promise to create new jobs by hiring local residence
@8SL4WYQ4yrs4Y
No, they should be offering training programs to the unemployed and keeping jobs in the UK
@8SKLDCQ4yrs4Y
Yes as long as existing jobs are protected and new ones are created
@8S8ZZ37Plaid Cymru4yrs4Y
Yes, as long as the environment is not compromised and it creates jobs
@9D355DL1yr1Y
No, but punish them for moving jobs out of the country and give them economic incentives to keep jobs in our country
@9D2TB3SConservative1yr1Y
Yes. But needed in east midlands too and cities with high unemployment.
@9CKX2T51yr1Y
Yes, but this must be closely regulated so as to ensure wealthier areas don't further absorb business at the expense of smaller, poorer areas.
@9BQDMG7Conservative2yrs2Y
i dont have much of an opinion on this matter but unnecessary moves should not be encouraged
@99QYDG82yrs2Y
Yes but not in the form of tax rebates/bribes
@99MW6MN2yrs2Y
improve global regulations
@99G7XQ42yrs2Y
Yes but only if there is a benefit to the local economy and then the entire economy as a whole and it should be a fair and open process and people should not lose money to implement these.
@9974R5T2yrs2Y
Stop environmental damage no matter what keep companies where they can be regulated
@98W3JR62yrs2Y
No, and decrease tax on small businesses
@9866KWG2yrs2Y
Abolish the government and companies
@96X5V8M2yrs2Y
Yes, but local residents should vote on the offer and local businesses and environment should be supported
@946GFJL2yrs2Y
Yes, but limits need to be set so that companies do not take advantage off the state.
@92ZZKFJConservative3yrs3Y
No, lower corporate taxes for all companies.
@92QBNGB3yrs3Y
Increasing the number of jobs outside of London is important for long term stability
Yes, but don't subsidise big businesses
@8S9BHJBPlaid Cymru4yrs4Y
Yes, as long as the environment is unharmed and local jobs are created
No, but I would prefer if the companies were nationalised
@8GFBPHL4yrs4Y
No, lower corporate tax and business rates instead.
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@96PQVSD2yrs2Y
Yes, if the company provides jobs in the local area and if the tax revenue will eventually exceed the tax incentives
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@8PGZTFZ4yrs4Y
Yes, as long as the local environment is not compromised, if the company promises to create new jobs by hiring local residents and but I would prefer lowering corporate taxes to benefit all local companies
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