New Investment Zone plans for City Centre

The city centre could be made an investment zone by the government, unlocking millions of pounds of investment for much-needed housing and business growth.

Plymouth City Council is one of 38 local authorities invited to work in partnership with the government to create an investment zone to attract investment and create growth.

Full details have yet to be revealed but it is thought investment zones could mean business tax and business rates relief and accelerated housing development.

We will bring you more news as soon as we know more.

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