Monday, January 18, 2010
Gulf between rich and poor cities widens
All cities are suffering in the present recession. But some are suffering more than others: Hull, Barnsley, Stoke-on-Trent, Burnley, Newport and Doncaster have seen a drastic jump in unemployment and a deep decline in business activity. Yet other places, among them, Brighton, Milton Keynes, Reading, Cambridge and Edinburgh have weathered the downturn significantly better and seems well placed to benefit from an economic recovery. There is a trend of uneven economic development in Britain that was discernible long before this savage recession struck. Those cities hit hardest were already suffering before the downturn took hold. They had shed private sector jobs through the years of strong growth, relying disproportionately on the public sector for employment.