Deprived parts of Wales see few economic gains

Economic gains in deprived parts of Wales in the past 10 years have been wiped out by the recession, and worse is still to come. A report by the Joseph Rowntree Foundation and New Policy Institute found that, compared with other parts of the UK, economic recovery since 1997 was slower to kick in and markedly weaker, with the danger of further deterioration as the recession continues. Unemployment stood at 6 per cent, but increased to 16 per cent among the 16- to 24-year-olds.