On the day that the Coalition Government's flagship Enterprise Zone programme hits the 15,500 jobs landmark, St Austell & Newquay MP Stephen Gilbert praises Lib Dem ministers for delivering a boost to the local economy.
Figures released today show that the Newquay Aerohub Enterprise Zone has created 225 jobs so far, providing a real boost to the local economy in and knock-on benefits for the community in Newquay, including improved infrastructure and new business opportunities.
Across the country, the Coalition Government's 24 Enterprise Zones have now created more than 15,500 jobs, attracted over 480 businesses and over £2.1 billion in private investment. The growth has also provided a real boost to the UK's construction sector and supply chain.
St Austell & Newquay MP Stephen Gilbert said:
"Thanks to joint efforts by Business Secretary Vince Cable and Lib Dem local government minister Stephen Williams, we have seen a real boost to the local economy in terms of more jobs, more innovation and more power to the local community to do what's best for Newquay.
This comes off the back of a whole series of announcements by the Lib Dem Deputy PM Nick Clegg of more money being taken out of Whitehall and put direct into the hands of local business, schools and communities."
Lib Dem local government minister Stephen Williams MP said:
"Enterprise Zones have reached a real milestone today helping to create a stronger economy and fairer society with benefits spread across the country. When we came into office, inherited decades of under investment and a huge reliance on London and the financial services sector.
Enterprise Zones like Newquay Aerohub have gone a long way in re-balancing the economy, taking the power out of Whitehall's hands and putting it back into the hands of local communities."
The Government opened the Enterprise Zones in April 2012 as part of a 25-year project to rebalance the economy, offering tax incentives, simplified planning and super-fast broadband to companies.
A fortnight ago, Lib Dem Deputy Prime Minister Nick Clegg also announced an extra £11.3m for the Cornwall and Isles of Scilly Local Enterprise Partnership via his flagship Growth Deals which Government estimates could deliver up to 5,000 new jobs, 7,000 new homes and generate £160m of public and private investment.