The North East and other regions are falling behind London in a key measure of regional economies, the country’s leading investment group has said.
Investment group Legal and General (L&G) has released its eighth Rebuilding Britain Index report, which includes scores for the various regions and nations of the UK on a range of measures. In the latest version of the Index, the North East has the joint highest score outside London, and is ranked highly on measures including education, digital, and energy and the environment.
But the region’s is ranked lowest in the country on jobs and economic prosperity, with the North East’s score in this area considerably lower than almost all other parts of the country.