Report Says £140m Saved By ‘Rescuing’ Council Estates

New research finds government plans for estate regeneration risk a north-south divide – leaving deprived communities beyond London behind. In a study of 122 estates around the country, think tank ResPublica found the government’s approach to regeneration will not help poorer communities where house prices are too low to attract investment, and where building new homes will not overcome the problems of long-term deprivation. The government has made available just £140m for regeneration of 100 estates.  ResPublica’s study found more funding could be made available, as improving employment outcomes in just 12 well-known estates could generate government savings to the tune of at least £140m by 2030. Download the report from the ResPublica website.