23 March 2011

Economic plans to boost the economy and increase prosperity unveiled in today’s budget have already been set in motion by Northamptonshire County Council.

The government today announced through its budget plans measures to promote economic growth and new ways of making local areas less dependent on central government funds.

And today’s announcements come just weeks after the council approved its own budget which included a £2m Northamptonshire Economic Investment Fund package designed to help local business to set-up and grow and attract new private sector investment in the county.

Leader of the council Cllr Jim Harker said: “We are already making very strong steps in Northamptonshire to invest in economic growth and prosperity so very much welcome the similar direction taking nationally.

“Our budget made it clear that here in Northamptonshire we want to support growth, entrepreneurship and employment opportunities through creating financial and other incentives for businesses to come to the area. This includes the concept of an Enterprise Zone here in the county. We are also looking at removing any barriers they face that could be preventing them from doing so.

“We are actively looking at ways to become less reliant on central government funding and have already had detailed conversations with the government over the progress we are making in Northamptonshire.

“Work on the prosperity package we announced in our budget is now very much picking up pace and I am delighted that this Spring we will be launching a new enterprise strategy for the council which will outline how we will be ensuring sustained economic growth and prosperity here in Northamptonshire and show how quickly we are able to put into place the aspirations outlined by the Chancellor today.”