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PRIVACY
Economic Development

List of º£½ÇÊÓÆµ's 100 most prosperous areas contains only two places in the North

The prosperity ranking from the Legatum Institute aim to show a wider picture of prosperity than simple GDP, but are dominated by the Home Counties

Heaton streets in the distance in this shot from Hadrian's Tower which is due to open in August 2020(Image: Newcastle Chronicle)

A report which ranks the º£½ÇÊÓÆµ’s most prosperous areas has shown the scale of the Government’s ‘levelling up’ challenge after only two areas in the North made it into the top 100.

The highest rankings of 379 areas around the º£½ÇÊÓÆµ are dominated by London and the South East, while only two areas in the whole of the North of England - both in the North West - make it into the top 100.

By contrast, the North takes six of the bottom 10 of the prosperity table. York was the highest ranked area in Yorkshire and the Humber while North Tyneside was the highest ranked area in the North East at 168.

The rankings have been drawn up by the Legatum Institute, a right-of-centre think thank, which bases its scores on a variety of factors, including the economic and business landscapes of each area, safety and security, health, education and the environment.

The report’s authors say they are aiming to build a wider picture of prosperity than simple measures of GDP economic output. They rank the Wokingham area of Berkshire the most prosperous place in the º£½ÇÊÓÆµ, followed by five other areas in the Home Counties.

Blackpool comes bottom of the prosperity rankings, with Middlesbrough, Oldham, North East Lincolnshire, Doncaster and Manchester all in the bottom 10.

The report says: “As the º£½ÇÊÓÆµ charts its way out of the Covid-19 pandemic with a world-leading vaccination programme and aims to take advantage of new freedoms post-Brexit, the importance of addressing regional disparities has never been greater. The pandemic has highlighted old inequalities and created new ones.

“The Index shows what is well understood—prosperity is concentrated in the South of England, and it is appropriate for the levelling up agenda to target more deprived areas.