Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the effect of Investment Zones on those local authorities neighbouring Investment Zones; and what steps he will take to ensure that those neighbouring local authorities are not adversely affected economically by those Zones.
We want to empower places to deliver proposals that are right for their area. Places were required to set out the local economic impact of their plans and how they would avoid displacement, in the EOI.
While DLUHC is currently assessing those proposals received, the precise number of Zones will depend on factors, such as their overall geographic spread and the fiscal cost of the programme.
Further information will be set out in due course.