Bethan Jones, Denbighshire council corporate director for business transformation and regeneration, said the tower's future was, as yet, undecided due to the costs involved.

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It is one of 24 enterprise zones in England, areas designated by the government for economic regeneration, offering simplified planning, business rate discounts and superfast broadband as commercial incentives.

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It also proposes that companies involved in regeneration schemes should be rewarded with lower business rates.

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Councillors were also told that the Prudential plan, combined with the nearby Castle Business Park, the Kildean Loop and the Raploch Regeneration Initiative could create one of the major economic and employment centres in Scotland.

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Just to the west of Dagenham, phase one of the regeneration of the Royal Docks is about to open for business.

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"Developing the port, providing an important contribution to the regeneration of Dover, growing and adding value to the business, were key objectives for the DHB scheme and will continue to be our focus as we remain as a trust port, " he said.

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Chairman of Cornwall Business Partnership Thelma Sorensen, from Saltash, for services to the economic regeneration of Cornwall.

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