Monthly Archives: July 2011

Avoiding a tiff about TIFs

Views on Tax Increment Financing (TIF) have ranged from clamours for early action, to caution based on US experience, together with an English admiration (or is that jealousy) of the progress being made in Scotland. Now that the Local Government Resource Review (LGRR) Business Rates Retention Consultation, has been published, how does the development landscape for TIFs look?

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Economic Success – more than a ‘hole in one’

The marvellous scenes from the British Open Golf Championship this weekend, and Darren Clarke’s immensely popular victory, has projected Sandwich in Kent positively to a global audience. This should assist the Sandwich Economic Development Task Force (SEDTF) – set up in the wake of Pfizers decision to close its pharmaceuticals R&D facility with the loss of 2400 jobs – to promote the location for inward investment.

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Apples, pears and a touch of red herring: the first Enterprise Zone bids

As the deadline for Enterprise Zone (EZ) submissions passed, government is now faced with four designated EZs at Manchester Airport, Liverpool Waters, Boots Campus Nottingham, and Royal Docks London and seven further LEPs who are guaranteed a ‘Vanguard EZ’…

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A week in economic development: ‘busy’ or ‘bitty’?

It is a pleasure to be invited to contribute an economic development blog to Planning and Regeneration and Renewal. Particular when a week like last – during which think tank the Work Foundation published its Plan for Growth in the Knowledge Economy report; a number of major retailers (TJ Hughes, Habitat, Thorntons, Jane Norman) were poised to go into administration suggesting further contraction of the traditional High Street, and the new LEPs submitted their Enterprise Zone proposals – illustrates, if such were needed, the huge challenges facing economic development professionals and our planning colleagues.

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