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THE CHANGING ECONOMIC WORLD

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North / South Divide

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Treasury data indicatedthat if investment in thenorth had matched thatin London over the fiveyears from 2014/15, itwould have meant anextra £61bn of spendingin areas such astransport, infrastructureand skills. The south-east,the report states, is hometo one-third of the UKpopulation but nowaccounts for 45% of itseconomy and 42% of itswealth.

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