Magazine article Public Finance

Recession Slowing Regeneration Efforts

Magazine article Public Finance

Recession Slowing Regeneration Efforts

Article excerpt

Government efforts to close the gap between England's most deprived neighbourhoods and the rest of the country have been set back by the recession, a study has shown.

Between 2001 and 2007, the widening of the gap had been halted and partly reversed, according to analysis of the National Strategy for Neighbourhood Renewal. But this trend might now be at risk, said the study, carried out by consultancy Amion for the Department for Communities and Local Government.

'There are signs that, towards the end of the period, slowing economic growth was beginning to have a negative effect,' the March 4 report said.

Districts identified in 2001 as needing support had been most successful in cutting unemployment and raising educational achievement. However, other indicators showed worsening violent crime and mortality rates.

About £2.4bn was spent on neighbourhood renewal between 2001 and 2007. …

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