The North of England receives the second lowest level of investment among advanced economies, a think tank has said.
If the region were a country, Greece would be the only OECD nation to see less public and private investment, according to the IPPR North’s State of the North report.
The researchers found that the UK as a whole ranks 35 among the 38 OECD countries in terms of receiving the least investment. States including Slovakia, Poland and Hungary all enjoy more investment than the UK. Were the OECD average applied to the UK for 2017-2020, some £397bn more would have been invested.