Hundreds of ‘investment zone’ bids killed off under Rishi Sunak

Council bids for tax breaks and liberalised planning rules axed as government dismantles Liz Truss’s agenda

Hundreds of bids by councils to be granted tax exemptions and liberalised planning rules under the “investment zones” scheme have been killed off, as Rishi Sunak’s government dismantles another of Liz Truss’s projects.

Sources said ministers were trying to scale down the scheme, which was a key part of the previous government’s growth strategy, while salvaging some aspects of it as a sop to the former prime minister and her allies.

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​Council bids for tax breaks and liberalised planning rules axed as government dismantles Liz Truss’s agendaHundreds of bids by councils to be granted tax exemptions and liberalised planning rules under the “investment zones” scheme have been killed off, as Rishi Sunak’s government dismantles another of Liz Truss’s projects.Sources said ministers were trying to scale down the scheme, which was a key part of the previous government’s growth strategy, while salvaging some aspects of it as a sop to the former prime minister and her allies. Continue reading…