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Old 04-07-2016, 14:41   #1009
mrmistoffelees
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Re: Post-Brexit Thread

Quote:
Originally Posted by martyh View Post


I work on the council estates in the N.E and to be honest the regeneration money is targeted at the wrong areas ,you've just proved as much with your examples above .Newcastle ,Sunderland,Hartlepool and Middlesborough all have had millions and millions thrown at them and as far as the ordinary bloke that lost his job when the factories or the docks closed is concerned it's all useless.When the Redcar steel works is pulled down what's the betting that the people who used to work there get didley squat apart from a nice view of some high end housing they have no hope of ever owning .
Newcastle/Gateshead have had millions thrown at it and look at the changes, such as the Sage etc. Sunderland has had a lot lot less. Hartlepool and Middlesbrough less so.

There was very little regen money in the developments that I mentioned.

I kind of take issue with the comments regarding the steel works. look at the money that has been recently spent on Redcar seafront, again geared to generate revenue into the town, what happened, oh yes some little twonk set light to it.

Whilst the steelworks closing is a massive blow it's not unrecoverable from, look at Nissan in Sunderland and to some extent Hitachi at Newton Aycliffe

People have got to make the change happen for themselves. 18 months ago I had a choice of stay at earning 30k (not a bad wage) or commuting to York which I do now and earning significantly more. I then spend that money in the local economy (my car and my fiancees car both came from a local independent car dealer) We shop locally where possible

The hours that I put in now mean I've been able to afford a house at Acklam Hall for myself and my fiancee. Acklam Hall has the operations director for GSK, and multiple consultants for James Cook hospital live there, all of these calibre individuals are paying money into the local economy via things such as council tax, as are the residents of the Church Lane/Low Lane developments

You can also add in the new Persimmon development up by Cleveland Police, the one opposite Stewarts pack and the upcoming expansion of Coulby Newham and Ingleby Barwick.


None of these are cheap so money must be getting pulled into the economy from somewhere surely?
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