Case for Place: creating prosperity through the economics of attraction
In the wake of the 2016 vote to leave the European Union, the stark economic imbalances between the different nations and regions of the UK moved to political centre-stage, with the Conservatives pledging action to level up the country in their 2019 General Election manifesto. Spatial inequalities are a concern in many countries, but the sheer extent of the UK’s problem is striking in international terms. Income per head in the UK’s richest region (London) is 150 per cent larger than in the poorest (the North East). This is almost double the equivalent gap in France and three-quarters larger than in Germany. However as the levelling up agenda evolves in the rapidly changing political and economic context, the UK’s spatial inequalities are likely to remain high on the political agenda in future.
This report, published by the Create Streets Foundation, argues for concerted action to address these inequalities, drawing on our sponsor, Karbon Homes’, experience as a social landlord with almost 30,000 homes across the North East and Yorkshire, including some of the country’s most deprived neighbourhoods
You can read the full report here.