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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

North East economy falling further behind rest of country, report says

The North East economy is falling further behind other parts of the country, with setbacks in all but one of official targets set to improve the region’s fortunes.

The North East LEP has six measures it uses to plot the region’s economic progress, with hopes that a plan started in 2014 would level up the local economy within a decade.

But the LEP’s latest annual report has found that factors such as Brexit and the Covid pandemic have set back previous progress, with the gap between the North East’s economy and other parts of the country widening in recent years.

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