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UK Economy (Wider world (Culture (43% increase in UK TV in India, British…
UK Economy
Wider world
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Culture
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Import culture (food, film, fashion, music)
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EU
:check:
Strong trade links, good deals
Financial support for farmers, Single Payments Scheme (£18m in 2015)
Biggest single market, goods/services move freely
:red_cross:
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Mass migration to UK, pressure on services
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Comply to EU regulations, restrictive to companies
Commonwealth
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Provides advice on human rights, development, etc.
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Sporting connections, Commonwealth Games
Transport
Liverpool2
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500 direct jobs, 4,500 indirect jobs
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High Speed 2
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Manchester, Leeds & Sheffield also connected
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North-South divide
Why?
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Since 1970s, industries declined, unemployment increased
Abundance of raw materials in North, e.g. coalfields
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North
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Derelict, deindustrialisation
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Solutions
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Enterprise
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Enterprise zones
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Support each other, share expertise
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Changes
Globalisation
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Developments in transport, communications & internet
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De-industrialisation
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Finance, media, RnD takes over
Government policies
1945-79
State-run industries e.g. National Coal Board, British Rail
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Strikes, factory closures, power cuts
Ageing equipment, outdated practices, too many employees
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2010+
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Rebuild the secondary sector, rely less on tertiary sector
Improvements to transport, easier loans, encourage global firms
Science parks
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Southampton
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Benefits
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Excellent facilities (meeting rooms, high-speed broadband, nursery)
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Business parks
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Located usually on edge of towns (cheap land, access)
Cobalt Park (Newcastle)
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Benefits
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Recreation, fitness center, green spaces
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Industry
Impacts
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Transport of materials by road, air pollution & traffic
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Torr Quarry
Limestone quarry in Mendip Hills, Somerset
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Sustainable
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Regular noise, vibration, dust & water monitoring
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