regen L10 local gov. regen policy Flashcards
1
Q
What is the aim of the LOCAL government when regenerating?
A
- attract people to live in their towns & cities and to invest in them
- designate districts to become science parks or enterprise zones
2
Q
What led to the Nottingham City Council filing for bankruptcy in Jan 2025 after an overspend of £23m?
A
- cost of living crisis - more on benefits
- aging population - less working
- people on mobility benefits do not pay tax but get money from the council
- tory gov. of 2010 cut funding to councils to help repay UK national debt
- Uni students dont pay tax
3
Q
How do Local Governments regenerate areas? (2)
A
- enterprise zones (provide tax breaks & government subsidies)
- science parks (designated districts focused on generating knowledge & sparking innovation)
4
Q
A
5
Q
Medicity - Notts enterprise zone
A
- focuses on life sciences — Boots & Biocity
- medicines, pharmaceuticals, health tech, cosmetics
- “incubator environment” for start up businesses
- support for early stage businesses based at Medicity is part-funded by the ERDF (European Regional Development Fund)
6
Q
Infinity Park - Derby Science Park
A
- aerospace engineering (Rolls-Royce)
- near A50 and East Midlands Airport
7
Q
Nottingham Science Park
A
office & lab space for quaternary sector businesses (Upperton)
- Next to Uni of Notts (students looking for work)
- Near A6005
Advtg.:
- next to uni of notts
- good transport links to M1, east midlands airport & tram to notts railway station
- diverse office space
- green space
- café
disadvtg.:
- built on greenfield site