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

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

An experienced early years practitioner in Devon has secured the future of a local nursery by acquiring the business in addition to their…

Where Next?