North of England sees lowest investment of advanced economies, think tank finds

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The report found the UK as a whole also ranked very low in terms of investment, resulting in 'vast inequalities' and 'systematic underinvestment' in research and development, social infrastructure and transport.

Northern mayors, Levelling Up Secretary Michael Gove and Labour's shadow levelling up secretary Lisa Nandy are all set to attend Convention of the North today - a gathering of business, political and civic leaders from the region.

"But what's even more unacceptable is that our country is divided by design. It is the result of decisions."It's up to the government to unlock this potential, by acknowledging that it has to change, and by enabling empowered, well-resourced local government to coordinate and deliver long-term local visions for change."

"Political leaders need to 'zoom out' and learn lessons from our international neighbours to achieve regional growth and narrow our aching divides. We know that private investment follows public investment."

 

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