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£5m boost for towns' enterprise zone

Venko Offshore Limited has secured a £5m contract to expand its operations in the Great Yarmouth and Lowestoft Enterprise Zone.

Ministers have welcomed a five million pound boost for the Great Yarmouth and Lowestoft areas.

Venko Offshore Limited, which maintains offshore gas platforms in the North Sea, has been awarded a new contract to expand its operations in the towns' Enterprise Zone.

The announcement will secure about 20 jobs.

Yarmouth and Lowestoft form one of the government's 24 Enterprise Zones which aim to attract new business and support existing ones by offering financial incentives and simplified planning procedures.