Jeremy Middleton, CEO of investment firm Middleton Enterprises, said: “I very much welcomed George Osborne’s move to help the vital work of social enterprises by introducing a tax relief allowance of 30 per cent for investors in this type of organisation. This will give a real and tangible boost to the North East, where thousands of social enterprises are based, helping businesses with strong ethical and social dimension to grow and prosper.”

ENDS
CONTACT: Lauren Pyrah on 01325 363436
Notes to Editors:

Middleton Enterprises Ltd is a private investment company that has made a substantial contribution to the North East’s economy by investing in and providing business advice to entrepreneurial businesses.

During recent years, it has supported a number of North East businesses, generally from start-up, usually taking a minority stake and offering strategic advice to support growth.



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