Deck 9 - Regenerating Places - Influences Westgate Flashcards
What global influences shaped Westgate historically?
Influenced the decline of the shipbuilding industry due to cheaper labour abroad and quicker
transportation
What global influences shaped Westgate in the present day?
*Transport has encouraged increased tourists and international students which attend prestigious universities
such as Newcastle University.
* Global brands (TNCs) in Westgate such as McDonalds, Pandora, Apple, Five Guys to name a few.
How have the global influences changed the (demographic, socio-economic, cultural) characteristics?
-Age profile 20-34 years old dominate the city
-57.4% full time students compared to 7.7% nationally.
What were the supra-national influences shaping Westgate in the present day?
Finance for Business functions in Westgate. This strategy provides investment funds to businesses in the area. This has
been made possible by a collaboration between the European Investment Bank (EIB), European Regional Development
Fund (ERDF) and government. The EIB has provided funding of £62.5 million, with ERDF and the government supplying
the remaining £62 million
How have the supra-national influences changed the (demographic, socio-economic, cultural) characteristics?
-38.7% economically active
-8.6% managers and directors
-12.2% sales and customer service
What national decisions shaped Westgate historically?
- 1980’s - Lack of national government support for both the shipbuilding and coal mining industry,
Thatcher ended up privatising the industries and stopped providing support - The UK’s 1981 recession led to sharp fall in manufacturing output due to appreciation in the exchange
rate (making exports uncompetitive), high-interest rates and depressed demand. However, the fall in manufacturing
output became prolonged with many former industries never recovering from this particular shock.
What were the national influences shaping Westgate in the present day?
-The government set up the Tyne and Wear Development Corporation which played a vital role in the funding and
regeneration of the Quayside (1990’s)
-The UK government has created an Innovation Strategy which sets out the government’s vision to make the UK a
global hub for innovation by 2035. One way in which they are aiming to do this is by promoting science and technology parks on a national basis.
-More recently the government’s British Energy Security Strategy sets out how Great Britain will accelerate the
deployment of wind, new nuclear, solar and hydrogen, whilst supporting the production of domestic oil and gas in
the nearer term – which could see 95% of electricity by 2030 being low carbon. This is encouraging the activity on the North Bank of the Tyne where shipbuilding activities now take place within companies such as Smulders, Shepherd Offshore and Technip. The government have seen potential in this specific area with energy as they have provided Enterprise Zone status to North Bank of the Tyne.
How have the national influences changed the (demographic, socio-economic, cultural) characteristics?
Science and technology - level 4 qual and above - 43.1%
What were the local and regional influences shaping Westgate in the present day?
The North East Local Enterprise Partnership is one of 36 LEP’s across England. They focus on initiating funding for key areas and sectors.
* Local companies such as Shepherd Offshore located on the North Bank of the Tyne have helped Westgate’s former shipbuilding area diversify into other avenues such as offshore oil and gas and more recently offshore
wind.
* Increase in tertiary (service) sector with the opening of Eldon Square in 1976 and further expansion in 1980
and 2010 (cost £170 million). Some of the funding was provided by Newcastle City Council.
* Local universities have improved and expanded for instance Newcastle University in 2010 (at a cost of £200 million).
* Increase in the science and technology innovation, with the building of the Helix in Westgate, which started in
2017 and is still expanding today. This was funded by local actors of Newcastle University and Newcastle City Council as well as the private investor Legal and General.
* Funding from Nexus through all change modernisation programme, worth around £350m over 11 years,
providing a step change in comfort and reliability for Tyne and Wear passengers.
* Funding into Newcastle International Airport from 7 local authorities and AMP Capital (private funding) to grow national and global reach.
How have the local and regional influences changed the (demographic, socio-economic, cultural) characteristics?
-Population at 13,600
-Asian/Asian British 21.0% compared to 9.6% nationally
- full time students 57.4%
-tenure - private renting 52% due to rising number of students in the city
- sales and customer service 12.2%
