Thursday, July 8, 2010

Not many green shoots here even with high public sector employment.

Yorkshire Post

CITIES and towns in Yorkshire failed to capitalise on the economic boom, suffered worst in the recession and now face no prospect of recovery, according to startling research today.

Posted by mr g @ 02:17 PM (999 views)
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3 thoughts on “Not many green shoots here even with high public sector employment.

  • mark wadsworth says:

    It’s grim up North. Something else which LVT would compensate for, of course.

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  • Having lived in ‘Sunny Bradord and Leeds’ my entire life,

    [Where incidentally you are always within 40 minutes drive of the Stunning 750 miles squared Yorkshire Moors, or beautiful 750 miles squared Yorkshire Dales, each one of which, on its own, is as large as the next largest national park in the UK]

    I would have say its far far grimmer down south. Especially in London.

    But each to their own. :0)

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  • Doncaster, Barnsley, Grimsby, Hull and Wakefield probably produce their fair share of graduates, but they are the sort of place that you wouldn’t go back to after your degree if you had a choice. The preponderance of the public sector and lack of economic initiative could be due in large part to national pay bargaining. Paying a State employee in Yorkshire exactly the same as one just outside London means that up north the private sector can’t compete with rates in the public sector, even before that hidden 20% pension subsidy. Still, there’s always a silver lining, and for those still in jobs house prices will fall proportionately more in the north as the State contracts.

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