Enterprise Zone
In 2011, a total of 15 derelict sites in the town were designated as enterprise zones, offering tax breaks and relaxed planning laws to any businesses interested in setting up bases in the selected areas. It is expected to create thousands of jobs in the town by 2015 and ease the town's long running unemployment crisis, which has deepened since 2008 as a result of the recession.
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Famous quotes containing the words enterprise and/or zone:
“Belonging to a group can provide the child with a variety of resources that an individual friendship often cannot—a sense of collective participation, experience with organizational roles, and group support in the enterprise of growing up. Groups also pose for the child some of the most acute problems of social life—of inclusion and exclusion, conformity and independence.”
—Zick Rubin (20th century)
“He who, from zone to zone,
Guides through the boundless sky thy certain flight,
In the long way that I must tread alone,
Will lead my steps aright.”
—William Cullen Bryant (1794–1878)