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News Release

Nottingham

JLL Nottingham reacts to Budget 2015

Matthew Smith, Lead Director, Nottingham comments on the July Budget


NOTTINGHAM, 8th July, 2015 - "It's good to hear George Osborne reference the East Midlands in the Budget and plans for devolution.

"We must seize the chance to become a combined authority and deliver sustainable economic growth for the region. There is a sizeable pot of money out there looking for investments opportunities. The market and in particular overseas investors, don't recognise political boundaries. They see only the East Midlands and its key indicators of economic growth and as such it is essential we present a coherent front.

"Similarly as George Osborne is proposing a new round of enterprise zones, the Local Enterprise Partnerships (LEP's) have an opportunity to work together and engage the private sector to identify the areas investors and occupiers want to be. We can then work as a region to ensure we have sufficient strategic locations to attract major new employers and investment to secure our long term growth."