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Economic Developmentopinion

Why the Government’s Levelling Up Agenda ignores the South West at its peril

The Government’s Levelling Up Agenda has to balance the need for improving the economy and quality of life for those in the region, writes Robert Quartly-Janeiro, Visiting Fellow, London School of Economics

Plymouth's magnificent waterfront

The South West has a population of 5.6 million people - greater than the populations of countries like Scotland and Denmark. It shows that while London and the South East has been the jewel in the º£½ÇÊÓÆµ economic crown, the government’s plan to ‘level up’ the country is as necessary as it is long overdue.

But the problem with this idea of 'levelling up' is two-fold.

Firstly, to what level up are we headed? Will Plymouth become as economically connected as Reading, or will Weston-Super-Mare see wages and growth on par with Brighton?

Secondly, if announcements and existing initiatives are anything to go by then the agenda is predicated on the needs of a ‘Blue Wall’ in the Northern Powerhouse and the Midlands. Without a target the idea of levelling up is a dream, and one that does not appear to incorporate the South West.

Look at the numbers and the need for improving the economy and quality of life for those in the region makes for a mixture of clear need on one hand, and mass inequality on the other.

The region has the highest number of Universal Credit claimants who are in work of anywhere in the country (42%). House prices have risen by 14% over the past twelve months but wages by less than inflation.

Even then, the above average house prices and below average wages – with one fifth of workers on less than a living wage - creates friction with newcomers seeking urban escapes, whose ideas, experiences, and enthusiasm for the area we need. It also deepens the deprivation that exists.