We have often written about issues of regional development. Here is a short entry that presents some interesting facts about it at a European level:
“Most places in Europe have a bit of a spread. Some countries are richer than others, and some places within a country are richer than others. But outstanding amongst EU members, down at the bottom of the graph, is the UK. The spread of economic outcomes here is extraordinary. We have here the richest single area in the whole of Europe, Inner London. And yet, at the same time, we have some places – in this, case Cornwall and the Welsh Valleys, right at the poorest end of the spread – more comparable to recent EU members like Bulgaria and Romania.”
Read more: Balancing act: the government’s regional growth plan doesn’t go far enough | New Economics Foundation.
