In my recent BBC Radio 4 Four Thought lecture I spoke about the 6.5 million people who actually want to work in the UK but cannot find a job. I spoke too, about the fact that there are 10 million people who don’t have a single level 2 qualification. Most of these people went through schooling between the 70’s and the 90’s. I call them the let-down generation.
The regional growth fund was aimed at kick-starting private enterprise and rebalancing the economy. But as applicants struggle with bureaucracy and high costs how many jobs will it realise? Sarah Longlands reports.Communities secretary Eric Pickles famously declared, ‘If you want to rebuild a fragile national economy, you don’t strangle business with red tape and let bloated regional quangos make all the decisions’. But he may live to eat his words as evidence emerges of the difficulties applicants to the Regional Growth Fund (RGF) have faced in securing their final awards from government.