Regeneration Enquiry Question 3 How regeneration is managed

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Regeneration - Enquiry Question 3 • How regeneration is managed? 4 A. 7 UK

Regeneration - Enquiry Question 3 • How regeneration is managed? 4 A. 7 UK government policy decisions play a key role in regeneration. a. b. c. Infrastructure investment (high speed rail, airport development) in order to maintain growth and improve accessibility to regenerate regions. (P: national government facilitate regeneration often in partnerships with charities and developers) Rate and type of development (planning laws, house building targets, housing affordability, permission for 'fracking') affecting economic regeneration of both rural and urban regions. (A: Government actions may prioritise national over local needs and opinions. ) UK government decisions about international migration and the deregulation of capital markets (�enabling foreign investment in prime London real estate) have significant impacts on the potential for growth and both direct and indirect investment. (P: Government may create open or closed doors policies)

Regeneration - The Role of national government: Migration and Markets By the end of

Regeneration - The Role of national government: Migration and Markets By the end of this lesson you will have: • Learnt what ‘deregulation’ of markets means • Explored how policies on migration and markets has an impact in regeneration • Looked at examples of London and Manchester Real Estate

Deregulation of the Markets • What is regulation? • Use your phones to learn

Deregulation of the Markets • What is regulation? • Use your phones to learn what the following terms mean: • Markets • Stock Exchange • Investments • Economic Growth

Deregulation of the Markets • What impact did de-regulation of the markets have on

Deregulation of the Markets • What impact did de-regulation of the markets have on UK regeneration?

Deregulation of the Markets • Who were the winners and who were the losers

Deregulation of the Markets • Who were the winners and who were the losers of de-regulation?

Deregulation of the Markets • By de-regulating the markets, Thatcher changed the face of

Deregulation of the Markets • By de-regulating the markets, Thatcher changed the face of British economy • By ‘removing red tape’ (removing laws and restrictions) Thatcher was allowing big banks to make mass investment in the UK and trading on the stock market without any real government consequence • This meant that Britain remained a powerful country on a global scale – it meant that more regeneration happened in London and the wealth ‘trickled down’ in order for more regeneration projects in the UK • HOWEVER, many people lost out in the drive for capital gain. There was less social housing, unaffordable housing, less availability for secondary sector jobs. The country became increasingly ‘London-centric’

Policy on Immigration • Government immigration policy impacts regeneration because it balances out ageing

Policy on Immigration • Government immigration policy impacts regeneration because it balances out ageing populations, helps economic growth and provides a workforce in areas where there are skill shortages • For example, Bet 365 in stoke is a multi billion pound industry which has created jobs and opportunities for people in Stoke. It relies on immigrant workers in the software development team because of the skill shortage of UK born software developers.

Policy on Immigration • The main government immigration policies of late have been: •

Policy on Immigration • The main government immigration policies of late have been: • 1970 s – Restrictive policies to curb immigrants from the commonwealth countries • 1997 -2010 – pro-immigration policies by New Labour • 2010 – restrictive immigration policies by coalition government

Potential for growth • Think, Pair, Share: • How can policies on market deregulation

Potential for growth • Think, Pair, Share: • How can policies on market deregulation and immigration affect economic growth? • Who are the winners and who are the losers? • How might Brexit affect regeneration policies in the UK?