Economic development in the UK
- Created by: 03Louise
- Created on: 11-04-18 18:46
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- Economic development in the UK
- Changing
- De-industrialisation
- Globalisation
- Manufacturing occurs mainly overseas where labour costs are lower
- Government policies
- New infrastructure, technology and support for businesses
- Membership in government groups
- Service industry is growing
- Important industries
- Services (hairdressers)
- IT
- Over 60,000 people
- Finance
- Home to many global financial institutions, some with headquarters
- Research
- Research and development is increasing in the UK
- Important industries
- Science and business parks
- Outskirts of cities near good transport links
- Close to housing (workforce)
- Near universities so that they have access to research to develop technology
- Number has grown
- Large and growing demand for high-tech products
- Research and development is increasing in the UK
- Large number of research universities to form links with
- Clusters of related businesses can boost each other
- Large and growing demand for high-tech products
- Some evidence of a North/South divide in the UK
- Post-industrial economy has mostly benefited the South
- Wages are generally lower in the North
- 40% lower in Huddersfield then London
- Life expectancy is lower in the North
- Glasgow- 72.6 years East Dorset- 82.9 years
- GCSE results are generally better in the South
- Rural areas
- Population is decreasing in Cumbria
- Fewer jobs available
- Decreasing services available increasing unemployment
- Population is increasing in Somerset
- Quieter twons/villages with good access to central Bristol
- Rising house prices and large demand for services
- Government is trying to resolve differences
- Some evidence of a North/South divide in the UK
- Post-industrial economy has mostly benefited the South
- Wages are generally lower in the North
- 40% lower in Huddersfield then London
- Life expectancy is lower in the North
- Glasgow- 72.6 years East Dorset- 82.9 years
- GCSE results are generally better in the South
- Individual governments for Wales, Scotland, Northern Ireland and some local councils in England
- Able to choose where to spend money
- Enterprise zones
- Reduced taxes
- Simpler planning rules
- Financial benefits
- Improved infrarstructure
- Ensures superfast broadband is available
- Aim to attract businesses/ companies to decrease unemployment
- The Northern powerhouse
- Plan to improve transport links, and attract investment
- Some evidence of a North/South divide in the UK
- Population is decreasing in Cumbria
- Transport
- UK transport network
- Roads
- Railways
- Crossrail will increase central London's rail capacity by 10% in 2018
- Proposed line to link major English cities
- Airport
- New runway needed in the South East
- Port
- New port operating at the mouth of the River Thames
- Able to handle the largest container ships
- New port operating at the mouth of the River Thames
- Links to other countries
- Trade
- Specifically with the US, Europe and Asia
- Culture
- Creative industries mean that UK culture is spread worldwide
- Shaun the Sheep TV series is shown in 170 countries
- Creative industries mean that UK culture is spread worldwide
- Transport
- UK to France railway
- Heathrow
- Electronic communication
- Trans-Atlantic cables linking (carrying phone lines and internet connections) Europe to USA are routed via UK
- EU
- Access to large market
- The Commonwealth
- 53 independent states part of an association aiming to improve wellbeing of everyone in it
- Trade
- UK transport network
- Changing
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