Ipswich Borough Council applies for Investment Zones

15 Oct 2022

Ipswich Borough Council have announced that they are joining Suffolk County Council in a bid to bring proposed Investment Zones to Ipswich. Sites at Eastern Gateway (Sproughton), Hadleigh Road, Seven Hills and Copdock have been identified. Investment Zones are controversial as they will include both residential and commercial areas with far fewer planning controls and vastly reduced environmental contributions. Commercial operators will not pay commercial rates, will have reduced national insurance contributions and will be given big tax allowances.

Councillor Oliver Holmes feels that the new zones will add more complexity to existing incentives such as Enterprise Zones and the new Freeport East. "Additionally, the evidence of freeports and enterprise zones has shown they relocate business rather than attract new ventures that would grow the local economy. The promised employment opportunities rarely arise and when they do, are often low-wage and low-skill. Given the environmental damage the uncontrolled new building will bring, you have to question the benefits of such development to Ipswich."

Council Officers

This website uses cookies

Like most websites, this site uses cookies. Some are required to make it work, while others are used for statistical or marketing purposes. If you choose not to allow cookies some features may not be available, such as content from other websites. Please read our Cookie Policy for more information.

Essential cookies enable basic functions and are necessary for the website to function properly.
Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.