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Report finds infrastructure funding disparity
The Institute for Public Policy Research (IPPR) has urged for a ‘North First’ approach to infrastructure investment following the release of funding details.
A study by the think tank has shown that the North will get an average infrastructure budget of £280 per person while London will receive £1,870.
This difference is highlighted by government spending on Crossrail, which will hit £4.6 billion by 2021, exceeding expenditure on all projects in the North, which sits at £4.3 billion.
IPPR North has written to Chris Grayling, the new Secretary of State for Transport, to urge him to develop a ‘North First’ approach to infrastructure investment.
Ed Cox, director of IPPR North, emphasised that the north should seek to ‘take control’ of its funding decisions to ‘boost growth’.
He said: “The referendum result showed that now more than ever, we need a ‘North First’ approach to investment. To build Theresa May’s ‘Better Britain’, we must focus on a better North.
“The North of England’s £300bn economy is worth more than those of Scotland, Wales and Northern Ireland combined. Focusing on this is going to be critical in creating the prosperity our country is going to need over the coming years.”
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