Government opens bids for investment zones

By Carl Brown2022-10-04T08:44:00

Source: Shutterstock

‘Rapid process’ to assess applications to follow two-week application window

Upper-tier local authorities can now lodge an expression of interest in hosting Liz Truss’ investment zones, which are aimed at boosting development through reduced regulation and simplified planning.

The Department of Levelling Up, Housing & Communities yesterday opened the bidding process for the zones, announced in last month’s mini-budget. Mayoral combined authorities, upper-tier councils and freeports have less than a fortnight – until 14 October – to express an interest for their sites.

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