government policy is a plan or course of action decided by a government to manage issues in a country. this has also resulted in a change in the industrialstructure of the UK
1945-1979
the UK government created staterunindustries such as the britishrail
government money was spent on propping up decliningUKindustries
the 1970s was a decade of strikes, socialunrest, factoryclosures and powercuts
1979 - 2010
state run industries were soldoff to private shareholders to create a more competitivebusinessenvironment, this is called privatisation
many new privatecompanies brought innovation and change. the derelict areas were transformed into new financialcentres and modern retailoutlets
2010 onwards
the aim of the government was to balance the economy
government policies have been: improvements in transportinfrastructure, more investment in manufacturingindustries, easier access to loans and finance, encouraging global firms to locate within the UK
north east england was one of the first industrialregions in the UK at the start of the industrialrevolution
easington colliery impact has been devastating as when the mine closed in 1993, over a thousand men were left unemployed
successive governments have tried different strategies to revitalise North east england such as:
investment in newinfrastructure, including roads and industrial estates
encouraging foreign investment from TNCs, Nissan opened a new car plant and it now employs 7000 people