4A.7 Role of UK government in regeneration

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5 Terms

1

Infrastructure investment

HS2

→ add 10b to economy in next 10 years (over 200% growth)

→ connectivity - 30,000 new jobs

→ infrastructure improvements

Regeneration around:

→ homes increase by 500%

→ encourages mix-use developments

→ enhance public spaces

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2

Airport development

  1. Job creation and skill development

  2. Economic growth in wythenshawe - e.g. metrolink extension

  3. Regional benefits for GM

  4. Long term impact - more businesses

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3

Planning decisions

  • Planning laws

Protect green spaces (e.g. use brownfield sites, increasing house density)

  • House building targets

300,000 houses a year

  • Housing affordability

Support low paid workers or retain young people

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4

Financial deregulation

Easier for businesses to grow by reducing the rules

→ invest more freely; foreign investment in London real estate

Invest in long term projects - infrastructure, investment and house building

→ more jobs, positive multiplier effect, attract people

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5

International migration

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