Don't miss a story sign up to the North Devon Gazette's FREE daily newsletter CLICK HERE

Local businesses boosted by assisted areas announcment

PUBLISHED: 13:00 30 April 2014 | UPDATED: 13:59 30 April 2014

North Devon Council leader Cllr Brian Greenslade, economic development manager Ellen Vernon and Cllr Malcolm Prowse celebrate the assistaed areas announcement

North Devon Council leader Cllr Brian Greenslade, economic development manager Ellen Vernon and Cllr Malcolm Prowse celebrate the assistaed areas announcement

Archant

Nick Harvey MP welcomes inclusion of 11 North Devon wards while Torridge is also covered

North Devon MP Nick Harvey has welcomed Wednesday's announcementNorth Devon MP Nick Harvey has welcomed Wednesday's announcement

LOCAL businesses are set for an extra boost after Torridge and parts of North Devon were added to the ‘assisted areas’ map.

The announcement of the status means that 1,500 businesses in Torridge and key wards of North Devon, including Barnstaple and Ilfracombe, will receive enhanced levels of government assistance up to 2020.

The 11 North Devon wards highlighted on the new map is a considerable increase from only two on a draft map published in December 2013.

North Devon MP Nick Harvey, who has since worked to press business secretary Vince Cable to include more of North Devon on the map, called it ‘extremely welcome news’.

“Business Secretary Vince Cable visited North Devon in November last year and heard first-hand from some of our leading manufacturers just how much it would benefit North Devon. I’m glad he was persuaded of our case and has today delivered a boost that recognises the needs of our area.

“North Devon may have some of the lowest average wages in the country, but we have a uniquely strong manufacturing sector: assisted area status now means we can unlock its potential for job creation and growth.

“With an improved and expanded assisted areas map, businesses like Actavis and TDK Lambda will now see important projects go ahead to secure their future - meaning more jobs for local people and vital overseas investment. This is good news all round.”

North Devon Council leader Brian Greenslade, who wrote to Mr Cable last month appealing for more North Devon towns to be considered, said: “I’m absolutely delighted with the news. North Devon Council has been very active in lobbying for this, together with our MP Nick Harvey, and we are very grateful to Vince Cable MP for coming to North Devon to discuss this with us late last year.”

North Devon Council’s Executive member for economic regeneration, Cllr Malcolm Prowse, said: “This is great news for the 1,500 businesses that are now included in the map!”

The news that around 80 per cent more of the county’s population would now be covered by the new map compared to the old one was also warmly welcomed by Devon County Council.

Councillor Andrew Leadbetter, Devon County Council cabinet member for economy and growth, said: “This is fantastic news for Devon. Devon County Council has been working very closely with the heart of the South West LEP, MPs and government departments to make the case for increasing eligible government assisted areas across Devon.

“In particular we made a very strong case for Government help for North Devon and it’s encouraging that they have listened to what we said.”

The map is subject to European Commission approval, which is expected by the end of May.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other North Devon Gazette visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by North Devon Gazette staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique North Devon Gazette account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Other News Stories

MPs write a joint letter airing concerns over Sustainability and Transformation Plan while Torridge MP demands evidence over Holsworthy bed closures.

Read more
07:00

Search table: Enter the name of your Devon school and see how much the latest budget changes could affect it by

Read more
Yesterday, 17:07

Artists turn out for the first ever Sunday Art on the Quay event at Bideford

Read more
Yesterday, 14:45

There will be overnight closures on the A39 in Barnstaple between Roundswell and Lake roundabouts this week.

Read more
Yesterday, 14:20

The new 12-sided £1 coin will enter circulation today (Tuesday) - but what does this mean for North Devon’s parking machines?

Read more
Yesterday, 09:22

A North Devon songwriter is asking people to send in their photos showing what makes them stronger, for her brand new music video.

Read more
Yesterday, 07:00

Campaigners against health cuts aim to draw ‘red lines’ around hospitals in North, East and South Devon

Read more
Mon, 17:30

Lundy Island’s church was in desperate need of repair, but £1m funding from the Heritage Lottery Fund will enable works to go ahead.

Read more
Mon, 13:22

Almost 200 turned out at Grosvenor Church on Monday to pay tribute to a ‘brilliant guy’

Read more
Mon, 12:54

UPDATE: The A361 Link Road has now reopened after a collision between a lorry and a car at Rackenford.

Read more

Local Weather

Overcast

Overcast

max temp: 13°C

min temp: 11°C

Most Read News

Useful Links

Advertise in the paper
Submit a Story
Subscribe to the paper
Competitions
North Devon Football League
Order Photos
Family notices
iwitness24
Facebook
Twitter
Google Plus Page
Reader Travel

Family Notices 24

Read Online

Image
Read the North Devon Gazette e-edition E-edition

Newsletter Sign Up

Sign up to receive our regular email newsletter
HOT JOBS

Show Job Lists

Local business directory

North Devon's trusted business finder

Find planning applications