AN economic forum has blamed the North East’s poor transport links for crippling its private sector.
A study by the Organisation for Economic Cooperation and Development (OECD) urges ministers to stop focusing on a few key areas, such as London and its financial services and instead plough resources into “lagging, lower-income regions”.
The North East is one of the 23 international case studies included in the OECD report, which warns that “as a result of relatively-low involvement of the private sector, the region has relied excessively on public sector activity and employment”.
Researchers claim that there is a “small private sector in comparison to national and increasing trend”.
The OECD said: “A strong focus is needed on internal infrastructure, including its transport system and housing supply, to improve internal connectivity and enhance public transport infrastructure in order to develop a stronger and better connected economy.”