Bulletin

North-South gap to double in a decade

A report by the Centre for Economics and Business Research has predicted that Britain's North-South divide will grow significantly over the next decade. According to the report, the economic gap between London and the North of England will rise by 94% to £110bn over the next 10 years. While London is expected to grow 27% in real terms in the next decade to just under £450bn at 2012 prices, there will be a combined growth rate of just 14% across the North West, North East and Yorkshire and the Humber. The CEBR said this would leave output in those regions more than £110bn lower than London's in 2025. The report showed that Cambridge was the fastest growing UK city in Q2 2015, followed by Milton Keynes and London.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Spain

Santander takes 12 UK food and drink manufacturers to Spain on one of our successful trade missions. Adam Payne in the international team…

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Getting a taste for Spain!

Santander takes 12 UK food and drink manufacturers to Spain on one of our Trade Missions. Alicia Ferrero Vega in the International team…

Bulletin

Where Next?