Chris Philp, Conservative Parliamentary Candidate for Croydon South
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Chancellor: Discussions to Start for Croydon Growth Zone
05/12/2014 14:29:00


In Wednesday’s Autumn statement the Chancellor gave the green light for discussions to start about Croydon becoming a “growth zone”, potentially bringing in 23,500 new jobs and 8,000 new homes to the Borough by 2031.


Local Conservatives have been lobbying the Government for some time to do this, and it is great news that George Osborne has responded so positively.


Locally generated taxes (such as stamp duty on new developments and Business rates) would be retained by Croydon and spent here rather than being sent to the Government nationally. This could rapidly lead to the delivery of a £5.25bn regeneration programme.


This is fantastic news for all of Croydon. Combined with the coming Westfield centre this would give the area a big boost, and help transform and improve the town centre, as well as bringing benefits to the wider Borough.



 More Blog Posts
Government injects £10m into Croydon Town Centre to help deliver Westfield centre  Read Story
Croydon Commissioner's report on children's social care and revised direction  Read Story
WATCH: Discussing Brexit with Vince Cable  Read Story
WATCH: Tackling fake compensation claims  Read Story
Government funding secured to tackle knife crime in Croydon  Read Story
Last chance to stop Purley skyscraper  Read Story
IVF Cuts Now Under Review  Read Story
Homes for Everyone  Read Story
The RAIB's report on the Croydon tram tragedy  Read Story
Thoughts on the EU agreement   Read Story

Full list of blog posts here


Chris Philp, 36 Brighton Road, CR8 2LG, Tel       © Chris Philp  2018      

Promoted by Ian Parker on behalf of Chris Philp, both at 36 Brighton Road, Purley, CR8 2LG