Yorkshire Forward
Encyclopedia
Yorkshire Forward is the regional development agency
(RDA) for the Yorkshire and the Humber
region of the United Kingdom
. It supports the development of business in the region by encouraging public and private investment in education, skills, environment and infrastructure. It will be abolished in 2012 following the public spending cuts announced in 2010.
strategy of economic development, actively investing in key business sectors to accelerate economic growth and encourage higher value added business. Yorkshire Forward identified seven key clusters that have the potential to deliver significant economic growth in the future.
In the Liberal Democrat-Conservative's Emergency Budget of 22 June 2010, it was announced that regional development agencies such as Yorkshire Forward are set to be abolished as part of the programme of radical spending cuts to reduce the UK's national deficit. Following a government review, Yorkshire Forward's responsibilities are likely to pass to a series of new 'Local Enterprise Partnership
s'.
Regional Development Agency
In the United Kingdom, a regional development agency is a non-departmental public body established for the purpose of development, primarily economic, of one of England's Government Office regions. There is one RDA for each of the NUTS level 1 regions of England...
(RDA) for the Yorkshire and the Humber
Yorkshire and the Humber
Yorkshire and the Humber is one of the nine regions of England and formally one of the government office regions. It covers most of the historic county of Yorkshire, along with the part of northern Lincolnshire that was, from 1974 to 1996, within the former shire county of Humberside. The...
region of the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. It supports the development of business in the region by encouraging public and private investment in education, skills, environment and infrastructure. It will be abolished in 2012 following the public spending cuts announced in 2010.
Regional Economic Strategy
Each of England's nine RDAs works with partners in the region to create a Regional Economic Strategy. Yorkshire and the Humber uses the business clusterBusiness cluster
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. In urban studies, the term agglomeration is used...
strategy of economic development, actively investing in key business sectors to accelerate economic growth and encourage higher value added business. Yorkshire Forward identified seven key clusters that have the potential to deliver significant economic growth in the future.
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, 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 are set to be abolished as part of the programme of radical spending cuts to reduce the UK's national deficit. Following a government review, Yorkshire Forward's responsibilities are likely to pass to a series of new 'Local Enterprise Partnership
Local enterprise partnership
Local enterprise partnerships will replace the eight regional development agencies outside Greater London in England, under the current Conservative–Liberal Democrat coalition government...
s'.