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Yorkshire Forward

From Wikipedia, the free encyclopedia

Yorkshire Forward
Formation1999[1]
Defunct2012
Legal statusRegional development agency
HeadquartersVictoria House, 2 Victoria Place, Leeds, LS11 5AE
Region served
Yorkshire and the Humber
Budget
£277m (2009/10)
Websiteyorkshire-forward.com
RemarksAppointment: Department for Business, Enterprise and Regulatory Reform

Yorkshire Forward was the regional development agency (RDA) for the Yorkshire and the Humber region of the United Kingdom.[2] It supported the development of business in the region by encouraging public and private investment in education, skills, environment and infrastructure. It was abolished on 31 March 2012 following the public spending review announced in 2010.[3]

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Transcription

Regional Economic Strategy

Yorkshire Forward was created in April 1999 as a non-departmental public body to drive and co-ordinate economic development and regeneration and to improve their [region's] relative competitiveness and reduce imbalances within and between regions.[4]

Each of England's nine RDAs worked with partners in its region to create a Regional Economic Strategy (RES).[5] Yorkshire and the Humber used the business cluster strategy of economic development, actively investing in key business sectors in an attempt to accelerate economic growth and encourage higher value added business.[6] Yorkshire Forward identified 5 priority sectors that had the potential to deliver significant economic growth. The sectors were; Advanced Engineering and Materials, Digital and New Media, Environmental Technologies, Food and Drink, and Healthcare Technologies.[7]

As part of the RES, Yorkshire Forward undertook an extensive programme of regeneration. This included prominent physical development activity, with high profile processes in most of the region's major towns and cities.[8] It also included a Coalfields Programme, which saw the redevelopment and transformation of former coalfield sites into new residential, commercial or public open space developments.[9]

In 2010 Yorkshire Forward provided £10 million to part-finance the Nuclear Advanced Manufacturing Research Centre led by the University of Sheffield with Rolls-Royce, anticipating involvement in any forthcoming new nuclear builds in the UK.[10][11]

History

The GDP of Yorkshire represents 8% of total UK output. However, growth has not been sufficient to begin closing the productivity gap between Yorkshire and the Humber and either the London or South East regions. Businesses in Yorkshire benefit from average salaries below the national average,[12] operating costs up to 20% lower than the UK average, and a competitive property market. In the Liberal Democrat-Conservative's Emergency Budget of 22 June 2010, it was announced that regional development agencies such as Yorkshire Forward were set to be abolished as part of the programme of radical spending cuts to reduce the UK's national deficit.[3] Following a government review, some of Yorkshire Forward's responsibilities passed to a series of new 'Local Enterprise Partnerships' across the area.[13]

References

  1. ^ "The Work of Yorkshire Forward" (PDF). House of Commons. 4 March 2010. p. 3. Retrieved 12 July 2016.
  2. ^ "Home - Yorkshire Forward". Yorkshire Forward. Retrieved 18 May 2010.
  3. ^ a b "Yorkshire Forward development agency axed in Budget". BBC News Online. BBC. 22 June 2010. Retrieved 12 July 2010.
  4. ^ "Role of Yorkshire Forward". publications.parliament.uk. Parliament.uk. 16 March 2010. Retrieved 28 November 2021.
  5. ^ "What We Do". England's Regional Development Agencies. 2010. Retrieved 18 May 2010.
  6. ^ Ryle, Sarah (7 July 2002). "Put second cities first". The Guardian. Retrieved 28 November 2021.
  7. ^ "Annex 2: RDA and Devolved Administration Science and Innovation Priorities supporting National Priorities as at February 2010". publications.parliament.uk. Parliament.uk. 17 February 2011. Retrieved 28 November 2021.
  8. ^ "Yorkshire Forward and Economic Development - Urban Renaissance and Physical Development" (PDF). www.cdialliance.co.uk/. CDI Alliance. Retrieved 15 January 2021.
  9. ^ "The Rejuvenated Hearts of Yorkshire Communites [sic]". bartonwillmore.co.uk. Barton Willmore. Retrieved 20 November 2017.
  10. ^ "Lord Mandelson announces £25 Million Nuclear Advanced Manufacturing Research Centre". Advanced Manufacturing Research Centre. 3 December 2009. Retrieved 17 February 2016.
  11. ^ Kiran Stacey (16 February 2016). "UK nuclear expertise wasted by delays and developer choices". Financial Times. Retrieved 17 February 2016.
  12. ^ "Londoners 'wealthiest in UK'". The Guardian. 16 February 2005. Retrieved 18 May 2010.
  13. ^ "Yorkshire Forward Welcomes Budget Priorities of Regional Investment and Support for the Nation's SMEs". Yorkshire Forward. 23 June 2010. Retrieved 12 July 2010.

External links

This page was last edited on 11 December 2023, at 22:57
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