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© 2026 a Ƶ
Ƶ Government
16:51, 30 MAY 2023
A low tax investment zone earmarked for Wales
Welsh Government
And the location of the first freeport in Wales should be confirmed later this month
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North West business leaders share their predictions and wish lists ahead of Chancellor Jeremy Hunt's Budget
North West
You can keep up to date with all the latest news from the Budget via our live blog which you can find on BusinessLive's home page
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Humber's freeport status could be declared in days - delegates hear at final Westminster push
Yorkshire & Humber
House of Commons reception hears of strong support from Department for Levelling Up
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£233m Space City Leicester launches on back of city’s global reputation for space technology
Aerospace
Hi-tech site - including National Space Centre and Space Park Leicester - could one day have a satellite production facility
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Rolls-Royce Submarines in Derby to create jobs under multi-billion pound Aukus sub deal
Ministry of Defence
Australia and the Ƶ will both build the SSN-Aukus submarines which combine Ƶ and US design and technology
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Budget 2023: Chancellor Jeremy Hunt to announce 12 Investment Zones backed by £80m
The Budget
The government said it is 'working closely' with the devolved administrations to establish how Investment Zones in Scotland, Wales and Northern Ireland will be delivered
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Public generally accepts East Midlands devolution plans – though some doubt idea of a regional mayor
Local Government
'For too long we haven’t had the investment we need and deserve, and this deal would start to address this'
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'Groundhog Day' carbon capture briefings stall vital Net Zero development - CCSA chief tells Humber audience
Climate Agenda
Regular changes at the top of government have led to decisions on policy and vital frameworks not being made as US and Europe play catch-up
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HS2 facing delays due to huge rise in costs
High Speed 2
CEO says discussions with suppliers and Government on finding ways to minimise the soaring costs
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Developer pulls application for £750m Leicestershire rail freight hub – but says it’s just a temporary thing
Logistics
Vast scheme has drawn criticism from councils, MPs and residents who say public consultation has not been up to scratch
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Work to start transforming area around Derby station
Deals
Council hopes investment could spark a transformation to the west side of the station
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Councils say consultation into £750m rail hub has been ‘incomplete and inaccurate’ and ‘vague’
Logistics
'We found essential evidence and information were simply not there or were presented before they were ready'
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East Midlands Freeport won't comment on details of huge logistics park in Leicestershire countryside
freeports
Details of the logistics park are sparse - spokeswoman said they won't comment due to 'commercial confidentiality'
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Leicestershire County Council leader Nick Rushton quits freeport board over plans for huge logistics site in his ward
freeports
According to pressure group Project Diseworth the site would sit on land it calls a “green lung” between the village and the M1
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East Midlands jobless count seems to be dropping back
Employment
Regional jobless figure was lower than the 3.7% national average, according to Office for National Statistics data
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The three bids competing to become Wales' first freeport
freeports
Ahead of the winner being announced, BusinessLive takes a look at who has thrown their name into the ring
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Developer responds to concerns about planned £750m rail freight hub in west Leicestershire countryside
Logistics
Developer says people were 'keen to see new investment in the area that our scheme could deliver'
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Airbus in North Wales in huge Air India new aircraft deal
Ƶ Government
The wingmaking facility at Broughton on Rolls-Royce's engine plant in Derbyshire are key suppliers in a multi-billion-pound contract
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Welsh energy intensive firms awarded £5.5m Ƶ grant funding to cut carbon emissions
Energy
Dunbia and Celsa Steel have been awarded the funding to deploy new green technologies
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Tributes paid to ‘kind and conscientious’ former LLEP CEO Mandip Rai
Local Enterprise Partnership
“He was a hugely valuable part of the LLEP team…. and was greatly liked and admired by all who knew him’
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NatWest hints at green shoots of recovery in East Midlands
Economy
Business confidence hit an eight-month high in January according to NatWest survey
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Decision on £550m rail freight hub expected in 2024 – assuming planning inspector doesn’t throw it out sooner
Logistics
Buildings on the 440 acre site would cover more than 9m sq ft and be up to 91ft high
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Freeport status should go to more than one port in Wales say Welsh Tories
freeports
Though some cross-party ministers have questioned the economic benefit of a freeport in Wales
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Plans for 4,500 homes, 3.4m sq ft of employment space and 5,000 Derby jobs set to take step forward
property news
The South Derby Growth Zone is being planned for land to the south of the city between Sinfin and Chellaston
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