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The Guardian - UK
The Guardian - UK
National
Phillip Inman

Tech hubs near England’s universities to benefit from almost £1bn in extra funding

Jeremy Hunt England
The chancellor, Jeremy Hunt
The investment zones will form the cornerstone of the chancellor Jeremy Hunt’s efforts to ‘supercharge growth’. Photograph: Jordan Pettitt/PA

Tech hubs clustered around universities in England will benefit from almost £1bn in extra funding as part of a range of measures in the budget on Wednesday to boost business investment in the regions.

The chancellor will make the pledge to create 12 investment zones in eight areas “to drive business investment and level up” the country, each backed with £80m of government funding.

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