Region Loses Pounds 15bn a Year ; Wealth: West Midlands Lagging in Economic Output

Birmingham Mail (October 29, 2009)

Author: Paul Dale

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Summary


THE West Midlands, scarred by high unemployment and hampered by an unskilled workforce, is losing more than pounds 15 billion a year in economic output, a shock report has confirmed.

Attempts to close the wealth gap with other English regions have failed to make any progress - in fact, the divide is widening, leaving the West Midlands anchored close to the bottom of the UK prosperity league.

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Extract


Region Loses Pounds 15bn a Year ; Wealth: West Midlands Lagging in Economic Output

From 2005 to 2007 the difference between the economic output in ...

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