Magazine article Public Finance

Regeneration Policies 'Are Failing Deprived Communities'

Magazine article Public Finance

Regeneration Policies 'Are Failing Deprived Communities'

Article excerpt

Despite the billions of pounds spent on low-income neighbourhoods, inequality continues to rise, according to a report by the New Economics Foundation.

Hitting the target, missing the point: how government regeneration targets fail deprived areas, published on March 26, says that the government's failure to measure regeneration policy properly has led to a poor return on investment for the UK's most disadvantaged communities.

NEF researcher EiUs Lawlor said: 'Those who lose out most are the people who live through initiative after initiative but see nothing change.'

Analysing one of the government's flagship programmes, the Local Enterprise Growth Initiative, the report concludes that investment has not been targeted at the places where it would have the most impact because it has not been supported by 'robust measurement'. …

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