Chancellor George Osborne confirmed plans to set up a new enterprise zone in Blackpool as he reaffirmed his committment to a “Northern powerhouse” in today’s Budget.
A bid has been submitted to the Government based on developing Blackpool Airport.
The move could create up to 3,000 jobs and boost the county’s economy.
The Chancellor confirmed in his Budget today that another eight enterprise zones would be set up across the country – including Blackpool and Plymouth.
Blackpool Council joined forces with Fylde Council, Lancashire County Council and the Lancashire Enterprise Partnership to ensure the long-term viability of the airport after its sudden closure and partial reopening.
Plans submitted to the Government are understood to have covered a 140-hectare area stretching from the airport entrance to the former Wellington Bomber factory.
It includes some of the airport and some neighbouring land.
The existing retail park and the runway are not included in the plans.
The Lancashire Enterprise Partnership is already involved in setting up zones next to BAE Systems at Samlesbury and Warton.
*For all the Budget news and reaction, see tomorrow’s Evening Post