BSL Financial Services

Want to properly plug the UK’s north-south divide? Look to Germany | Larry Elliott

Boosting spending power, increasing public funding for science and tech skills, R&D and infrastructure could work

Britain has been struggling to find a solution to its north-south divide since the staple industries of the Industrial Revolution – textiles and coal – started to decline in the early 20th century.

It is not a unique problem. Every sizeable country has richer and poorer regions, and from the US rust belt to what was once East Germany, geographical inequality is easy to spot.

It would make more sense – if the aim is to get the big regional cities to punch their weight – to invest in better links between them, rather than on improving links to London. An HS3 would be better value for money than HS2.

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Please note that all views in posts that are not from the BSL Editorial Team are not opinions of the company and do not represent us in any form. All Non-Editorial articles are intended to be purely informational and should not be treated as fact.

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