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Fall in activity is blamed on restrictions

Series: Planning (for the Natural and Built Environment) ; 24 September 2004 1(1)Publication details: 2004Subject(s): Summary: Research by the Cass Business School and the University of Sheffield suggests that restrictive planning regimes have a direct and detrimental economic effect on business. Local economic activity would be reduced by 3.8% if a local authority was to tighten their planning regime by just 10% in relation to industrial property. The research looked at three different areas of business and found that industrial business showed least loyalty to a town and were the most likely to move under tightening planning regimes. For the Cass Business School press release: http://www.cass.city.ac.uk/media/stories/story_2_2 6_41925.html

Research by the Cass Business School and the University of Sheffield suggests that restrictive planning regimes have a direct and detrimental economic effect on business. Local economic activity would be reduced by 3.8% if a local authority was to tighten their planning regime by just 10% in relation to industrial property. The research looked at three different areas of business and found that industrial business showed least loyalty to a town and were the most likely to move under tightening planning regimes. For the Cass Business School press release: http://www.cass.city.ac.uk/media/stories/story_2_2 6_41925.html