Keep up to date with the latest news delivered direct to your Inbox.
750 New Jobs Set For Take Off
7:21am 5th September 2014
Cornwalls economy gets another shot in the arm.
Six million pounds has been announced for Newquay's Aerohub.
The fifty acre business park could help create up to 750 jobs in things like engineering and the aeronautical industry.
Construction work on the first phase will now start next month.
Dr Cable welcomed the announcement as he passed through the Enterprise Zone during his visit to Cornwall on Thursday and said: "Cornwall's Aerohub is an excellent example of one of the 24 Government-backed Enterprise Zones that are driving private sector-led growth across England. This new funding will help develop valuable infrastructure for the new Business Park to attract increased investment and create more jobs for Newquay and the surrounding area."
Chris Pomfret, Chairman of the Cornwall & Isles of Scilly Local Enterprise Partnership and Deputy Chair of the Convergence Local Management Committee, added: "The business park is a vital component of the Aerohub Enterprise Zone which is already home to six new businesses and has created more than 150 jobs since 2012. Our aim is to unlock further growth of both the aerospace and space sectors in Cornwall to create skilled, well-paid jobs and this investment is an important step towards achieving that."
Share This StoryTweet
Almost 500 New Affordable Homes For Cornwall
Almost £20 million has been awarded to provide the housing
New Provider Takes Over 'Failing' Cornish Care Homes
Four run by the Morleigh Group were put into special measures
UPDATE: Narrow Cornish Road - Lorry Gets Stuck
Cornwall News: It took almost 24 hours to move it at Pentewan
Man in court accused of murder of teenager Leonne Weeks
National News: An 18-year-old man has been remanded in custody after appearing in court charged with the murder of 16-year-old Leonne Weeks.
Business Cornwall News - Friday, 18th December 2015
Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.
T2: Trainspotting sequel wins over critics
Showbiz News: Trainspotting's long-awaited sequel T2 has won over most critics' hearts, but expectations were far from great.
Le Pen: Brexit domino effect 'will bring down Europe'
World News: The leader of the French far-right Front National, Marine Le Pen, has said Brexit set off a domino effect that "will bring down all of Europe".
Australian Open: Johanna Konta crushes Caroline Wozniacki to make last 16
Sports News: Johanna Konta's Australian Open charge shows no sign of slowing after the British No 1 beat Caroline Wozniacki to make the last 16.
US Congress broadcast interrupted by Russian channel RT
Strange News: An online broadcast of a US network from the floor of the House of Representatives has been bizarrely interrupted by the Russian news site RT.