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Inrfrastructure projects- gov
By investing in infrastructure, such as high-speed rail and airport developments, the UK government can maintain economic growth and improve accessibility to promote regeneration of regions
As relatively remote places become more accessible, they become more attractive to businesses and investments, which generates jobs and can lead to the positive multiplier effect
HS2- CONNECT LONDON TO BIRMINGHAM, create 22,000 jobs
Expansion of heathrow airport
Building a third runway to increase flight capacity by 260,000 flights per year
Terminals 1 and 3 would be demolished, and terminals 2 and 5 would be expanded over 30 years
It is expected to cost just under £20 billion, which would be privately funded
Business leaders are in favour of the expansion, which could boost the wider economy by £61 billion and create an additional 77,000 jobs
UK planning laws
planning is deciding how land is used to create places that people want to work, live and invest in
Fracking
Onshore shale gas fracking began in the UK in 2008
The government saw fracking as a national priority for securing energy supplies and increasing economic stability
Fracking is helpful for local economies as it generates jobs at the shale gas companies
Other sectors then benefit, such as construction, hospitality, engineering
Reasons for the shortage of affordable housing
more people live alone
people live longer
levels of immigratio
net migration in 2022
The difference between the number of people arriving and leaving
606,000
the highests ever figure
Main economic arguments for immigration
Increased gross domestic product (GDP)
Extra taxes and production
Both well-qualified and lower-skilled immigrants can fill skills shortages
how high migration impacts reeneration
Increased pressure on services and housing availability in certain areas
Social issues caused by asylum seekers being housed in hard-to-let properties in already deprived areas, such as estates in Middlesbrough
local gov aim in development
compete to create attractive business environments, such as science and technology parks, which attract:
Domestic investors from within the UK
Foreign investors from overseas
Highly skilled workers
enterprise zones
48 designated enterprise zones across the UK
The local government in each area can decide what incentives they give to businesses in an enterprise zone, such as:
Discount on business rates for premises
Tax relief
More relaxed planning regulations
Superfast broadband
Government support for start-up costs
Science parks
Science parks are designated areas created to promote innovation and act as hubs for advances in high technology e.g. pharmaceuticals, cyber-engineering
They are intended to:
Support regeneration in economically depressed regions and cities of the UK by attracting new businesses and start-ups, which promotes economic growth
Encourage the start-up and development of innovation-led, high-growth knowledge-based business
Over 100 parks- generating 75,000 jobs for people
London olympic games
High levels of deprivation and poverty
Large amounts of industrial wasteland
Higher than average unemployment than the rest of London
The Olympic Park was mainly built on 560 acres of neglected and unused brownfield land
2.3 million cubic metres of contaminated soil from past industries had to be cleaned
Investment in the London Olympic Games boosted the UK’s economy by £9.9 billion
Urban and rural led regeneration strategies
Retail-led plans - create business and job opportunities
Tourism - brings money into the area and provides a flow of culture and positive media attention
Leisure and sport - allows for community integration and social wellbeing
Public/private rural diversification - to allow new or different businesses to flourish in more remote areas and boost income
Importance of reimaging
Reimaging is about improving the reptation of a place to outsiders by marketing it as more attractive
if people’s view of the area change then it will attract more visitors and investment
importance to Glasgow used re-imaging in 2004, under the slogan “Glasgow: Scotland with Style '' to encourage visitors and business conferences
rural rebranding strategies
Farm diversification (e.g. Campsites) and specialised products (e.g. cheese products)
Outdoor pursuits and adventure in inaccessible and remote areas e.g. paintballing, climbing, whitewater rafting
Heritage and literary associations e.g. Brontë country
Aim of rural rebranding strategies
Increase the amount of national and international tourists
Improve services and transport links for locals
Provide a wider source of income other than the traditional employment sectors of agriculture and forestry