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MORE STEPS TOWARDS REGIONAL DEVELOPMENT AGENCIES

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Two English regions have taken important steps on the creation of regional development agencies with the launch of ...
Two English regions have taken important steps on the creation of regional development agencies with the launch of their strategies for improving competitiveness and lifting their economies, reports The Financial Times (p13).

The north-east region's strategy identifies six main priorities: skills development; improved business support; the exchange of best practice; the exploitation of IT; stimulating new market opportunities and improving access to funding for start-ups and product development.

The main aim, according to Bob Dobbie, regional director in the north-east government office, is to bring the region's GDP per head up to the UK average from just over 80%.

The north-west's approach calls for a more coherent and co-operative approach to winning investment.

Other important steps taken in recent weeks include the launch of regional chambers in Yorkshire, Humberside and the north-west.
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