 Regional Regeneration and the Outlook for the Devolved Nations and the English RegionsEliza da Silva Gomes (), Adrian Pabst (), Robyn Smith () and Tibor Szendrei National Institute UK Economic Outlook, 2025, issue 18, 39-55 Abstract: We project that in 2025/26 the poorest 30 per cent of households will face severe pressures as a result of lower disposable income and the higher costs of essentials such as energy, food and housing. The most exposed regions to US tariffs are the West Midlands, the East of England and Wales, measured either as the proportion of exports to the US to total exports or the value of exports to the US relative to regional output: Wales and, in particular, the West Midlands are locations of large manufacturing businesses in the automotive, aerospace and steel industries. Housing access continues to be an entrenched problem at the level of the 41 UK ITL2 regions: in all parts of London and in parts of the South East, the South West and the East of England, housing affordability and access to mortgage credit are poor as first-time buyers face aboveaverage barriers to home-ownership. The lack of available social housing, especially in London, is pushing low-income households into the private rented sector where higher housing costs exacerbate pressure on living standards. Date: 2025 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:nsr:niesra:i:18y:2025p:18-55 Access Statistics for this article More articles in National Institute UK Economic Outlook from National Institute of Economic and Social Research 2 Dean Trench Street Smith Square London SW1P 3HE. Contact information at EDIRC. |
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