Northern England's wish to see more economic activity ..
Confused why the EU now needs to be involved in a magic agreement to provide Northern England with more economic activity going forwards.
Yes this is a huge problem. The reason for the lack of Northern investment is the fault of successive UK government's- Labour, coalition and Tory. The unequal distribution of wealth across the UK is our fault alone as our Parliament has always controlled 98.8% of its expenditure.
The EU has endeavoured to help the North far more than Westminster has.
Here are just some things the North will lose....
- 100,000 jobs in the North East are linked to European exports . In 2015, 58 per cent of goods exported from the North East, worth around £7 billion, were to the EU .
- The North East received £1.1 billion of inward foreign direct investment from EU members over the last 5 years.
- There were 274,000 inbound visits to the North East from EU tourism in 2014, contributing £90 million to the local economy, and supporting an industry that employs around 117,000 people in the region.Cheaper flights and visa free travel are now in serious jeopardy.
4.The
agriculture sector in the North from 2007 to 2013 benefited from over £800 million in payments from the EU’s Common Agricultural policy. This will not be replaced by the UK gov.
5.EU provides huge funding to
universities. For example, Newcastle University was leading a consortium of nine centres as part of a £4.6 million project, funded by European grants into liver disease.(Then there's the income from EU students..in 2014–15, on-and off-campus spending by international students and their visitors generated £25.8 billion in gross output in the UK. Roughly 1/3 of this is EU students.The student spending on tuition fee payments and money off-campus on a wide range of goods and services amounted to £5.4bn in 2014–15. The transport and retail sectors are significant beneficiaries of these students' spending which added £750 million to the UK transport and £690 million to the retail industries.In the North West international students' off-campus expenditure was £458 million in 2014–15, generating a £281 million contribution to local GDP. (As EU students are falling dramatically hopefully China will fill some but not all of the gap.) Our largest Uni (Manchester) has already axed jobs in the faculties of arts, languages, biology, medicine and business.
6.Nearly 1,000 NHS hospital and community health staff in the North East alone are from other EU countries. This includes nearly 450 doctors and over 160 nurses and midwives.
7.In the last round of EU funding - between 2007 and 2013 - the North East received £494m.The UK was also getting £8.3bn from the EU between 2014-2020 to create jobs, help new businesses, and support research and technical development projects. The North East Local Enterprise Partnership was to receive £433m , Tees Valley Local Enterprise Partnership receives £162.5m, making a total of £595.6m.
- Other projects ...
Portobello Trade Park (Durham) financed with £2.7m in European Regional Development Fund (ERDF) funding.
Consett Business Park in Durham received £1.1m in ERDF funding.
River Tyne North Bank benefitted from £2.4m in ERDF funding.
The Core Science Central (Newcastle) was built with £5.6m in ERDF funding.
Sunderland Software Centre received £4.4m in ERDF funding
Washington Business Centre (Sunderland) received £3.4m in ERDF funding
The University of Sunderland got £1.3m from the EU for internships in local small and medium sized businesses
The River Tyne Energy and Innovation Centre has received £1m in ERDF funding
The EU gave £7.8m to fund a low carbon enterprise zone for businesses to settle at Swan Hunter Ship Yard in North Tyneside.