(3 years, 9 months ago)
Lords ChamberMy Lords, in order for there to be a reduction in economic disparity, of course that needs to touch on the issues that my noble friend raises. The proof of the pudding will be that we see those left-behind areas with large minority communities level up with those areas that are economically more successful.
My Lords, as chairman of the Cumbria Local Enterprise Partnership, I welcome these levelling-up initiatives. As the Minister has pointed out, levelling up is not simply a northern or an urban challenge. As has been pointed out, the headings of expenditure described in the Statement are a mere drop in the ocean of what is needed nationally, but they are a start. Can the Minister tell the House how, and in what specific ways, public expenditure and policy will be recalibrated to take this levelling-up agenda forward, at the same time ensuring that this is not done at the expense of global competitiveness?
My Lords, I do not see the levelling-up agenda as being anything other than helping us to be more economically competitive at a global level. I am sure that there will be opportunities to refine the outcomes frameworks and the metrics used to ensure that we are successful in our desire to raise all boats.