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LEP fleshes out M42 corridor strategy

Funding

04 November 2011
 

Plans for a major programme of transport improvements in the M42 corridor in the West Midlands have been outlined by the Greater Birmingham & Solihull Local Enterprise Partnership.

The LEP wants the Government to designate the M42 Economic Gateway as a pilot for Tax Increment Financing (TIF), whereby infrastructure investments would be funded by the resultant uplift in business rates within an area.

The package of measures includes: capacity improvements at junction 6 of the M42, the...

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