4.A7- Uk Goverment Policy Decisions Play A Key Role In Regenerwtion Flashcards
Benefits of building HS2 ?
Will reduce train times
Will reduce delays
Increase tidiness
Negatives of HS2?
Other priorities in the country
Time saved isn’t groundbreaking only 40 minutes
Already wasted a lot of money on it
What are the positives in deregulation
Made it easier for companies to locate to the Uk and for foreign companies to invest in the uks infrastructure.
As a result the uks economy to the extent that banking and finance and business services now account for 30% of the uks gdp compared to 15% in 1986)
The law legal system encourages companies to trade in the London stock exchange is one of the largest in the world
What are the negatives of deregulation?
Light touch of deregulation on banks are partly blamed for 2008 crisis
Government increased monitory and regulations through the finical services act of 2012
What are the positives of EU free labour movement ?
The eu free labour movement made major help for regeneration for local areas.
The regeneration of areas meant large communities of polish people came into the United Kingdom, now the second largest minority, 1.2 million have settled in the Uk,giving birth to over 21,000 children in 2012 alone. Many settled in Corby an ageing city it has now become one of the fastest growing cities in the Uk
What are negatives of the free labour movement
Can cost a lot as by 2015 there was 118,161 refugees,pending asylum cases and stateless people in the Uk. The majority of asylum seekers do not have the right to work in the Uk so must rely on state support with housing and weekly cash payments of approximately £36 per person
They are then often sent to ‘ white’ council estates this then results in social issues as well
What is deregulation?
The removal/relaxation of government control over an economy.
What is infrastructure?
The basic physical systems of a place:
Examples include:
Economic- includes highways, energy distribution, water and sewerage facilities and
telecommunication networks.
Social -include public housing, hospitals, schools and universities.
What is HS2?
a planned high-speed railway line in England, the first phase of which is under construction in stages and due for completion between 2029 and 2033,
What did the government deregulate?
Stock market
Instead of the London stock market having a monopoly on all share dealings, any bank,financial adviser or individuals could trade in all shares
Barriers stopping overseas banks and other financial institutions from setting up offices in London were also removed. Until then,only Uk banks could trade there.
What is fracking?
a drilling method used to extract petroleum (oil) or natural gas from deep in the Earth. In the fracking process, cracks in and below the Earth’s surface are opened and widened by injecting water, chemicals, and sand at high pressure.
Why has the government allowed fracking
The government have relaxed regulations becau they need more energy security because around 70% of gas in the Uk will have to be imported by 2020
