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From Wikipedia, the free encyclopedia

The Tees Valley is a city region in the North East of England around the lower reaches of the River Tees.

It is administered by the Tees Valley Combined Authority which consists of five unitary authorities: Darlington, Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton-on-Tees. Previously, the County Borough of Teesside was created for the area of Teesside in 1968. In 1974, this was replaced by the county of Cleveland which was then abolished in 1996. The five borough councils then established a combined authority in 2016 after a public consultation in 2015.

The Tees Valley Enterprise Zone is an enterprise zone which encourages industrial development in 12 sites around the region, with a thirteenth site planned.

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Transcription

Contents

Economy

This is a chart of trend of regional gross value added of Tees Valley at current basic prices published (pp. 240–253) by Office for National Statistics with figures in millions of British Pounds Sterling.

Year Agriculture[1] Industry[2] Services[3] Regional gross value added[4]
1995 26 2,746 3,574 6,347
2000 23 2,716 4,622 7,362
2003 22 2,568 5,478 8,069
  1. ^ includes hunting and forestry
  2. ^ includes energy and construction
  3. ^ includes Financial Intermediation Services Indirectly Measured
  4. ^ Components may not sum to totals due to rounding

Enterprise zone

Tees Valley Enterprise Zone was initiated by the local enterprise partnership Tees Valley Unlimited and its creation was announced by the government in 2011. At its launch, the zone contained 12 sites. Four of these sites offer enhanced capital allowances, aimed at large manufacturers. These sites are Wilton International and South Bank Wharf, both in Redcar and Cleveland, Port Estates in Hartlepool and New Energy and Technology Park in Billingham, Stockton-on-Tees. The remaining sites offer reduced business rates.[1] In March 2015 the government announced that a thirteenth site is to be added, South Bank Wharf Prairie, aimed at oil and gas decommissioning business.[2]

Local government

Map of the Tees Valley Region
Map of the Tees Valley Region

The official region consists of the following unitary authorities:

Unitary Authority Population Area (sq mi) Population Density (per km2)
Darlington 105,367 76.3 535
Hartlepool 92,590 36.1 985
Stockton-on-Tees 194,119 79.2 952
Redcar and Cleveland 135,042 94.5 551
Middlesbrough 174,700 20.8 3242

References

  1. ^ "Teesside celebrates as enterprise zone approved". The Journal. 17 August 2011. Retrieved 15 March 2015.
  2. ^ Price, Kelley (18 March 2015). "Potential for 'many hundreds' of jobs at new Teesside enterprise zone". The Gazette. Retrieved 23 March 2015.

External links

This page was last edited on 24 February 2019, at 13:29
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