South East Warning on MPs' Select Committee Conclusions (4 July 2003)
SOUTH EAST WARNING ON MPS' SELECT COMMITTEE CONCLUSIONSTHE ECONOMIC PERFORMANCE OF THE NORTH WON'T BE IMPROVED BY ROBBING THE SOUTH OF INVESTMENT. This is the warning from the South East England Regional Assembly, in response to today's ODPM Select Committee Report on Regional Disparities. Reacting to the Select Committee's call for Government to channel investment in infrastructure and R&D according to regional rather than national priorities, Paul Bevan, Chief Executive of the South East England Regional Assembly said: "The reality is that the South East is the locomotive that drives the UK economy and you don't speed up the train by slowing down the engine." He added: "The distribution of public spending is already biased heavily towards the needier regions of the country - the funding per capita for public services and economic development are far higher in the north than in the south. Ministers should be very wary indeed of pushing that imbalance still further. Without urgent, significant investment in transport, skills, and affordable housing, the South East's economy is in real jeopardy. If they can't recruit the staff they need or move their goods efficiently, the international companies generating wealth for the UK will desert this region for mainland Europe, not for the North of England." Disparities within regions ContactLesley van Dijk, PR Executive - 01483 555223 Alex Butlin, PR Executive - 01483 555221 Notes to editors:
Last updated: 21 August 2007 |



