MaizieD
Third runways and silicone valleys ate all very well, but what is the North getting?
Labour have got their economics the wrong way round. The very basic foundations of growth lie with the consumer, the general public who spend their money on the goods and services that new enterprises provide. But the general public is very short of money. There is a very poor market for potential businesses.
It would be very helpful if the chancellor were to indtruct the Bank of England to lower the interest rates which are contributing to inflation and keeping prices of the basics high, so that people have no spare money…
Then she could tell the B o E to give the government a massive overdraft so that we could get public services put right. That money would be spread all over the UK, instead of being concentrated in the South and Midlands and would enable growth today, instead of in 10 years time..
The North is getting substantial investment into key railway lines, it was announced some time ago.
But main recent interest is that the airport near Doncaster which covers S Yorks and Humberside, which had closed down under Tories, will be funded to reopen.