A Derbyshire MP has accused the coalition of fuelling a “two-nation economy” after revealing southern areas are benefitting more from a grant.
Toby Perkins, MP for Chesterfield and shadow minister for small and medium sized enterprises obtained figures showing the Growing Places fund – set up to boost waning economic areas - is pumping 35 per cent of £730m available into London and the South East, with the North East getting just 4.5 per cent.
Derbyshire and Nottinghamshire bagged £26,344,104 as part of £64,419,546 given to the East Midlands, compared to £144,134,079 given to the South East.
He said: “Here we have yet more proof that this is a two-nation government presiding over a two-nation economy. They promised this would be vital infrastructure and regeneration funding, yet the areas that everyone acknowledges are in the greatest need are the ones that have received least. We want to see recovery that works for people and businesses across Britain.”