While recent performance in England's Northwest has been higher than the average for other English regions, the region is still not contributing what it could to the UKs economy, and serious economic and social problems remain.
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City Markets concludes that Business-led regeneration should focus on business-deprived areas but that the Government should subsidise business activity only where specific market failures exist, in proportion to those market failures and in line with local labour market and other conditions.
The Centre for Cities' City Markets Project has surveyed 348 businesses in deprived areas in Derby, Doncaster and Sunderland. This paper presents the survey.