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Latest update : 2010-07-14

Can the British bubble survive the crisis?

Leeds, a city in the North of England, has just one motto: innovate or die. In the 1980s, the region was decimated by the closure of its coal mines. The city then set its sights on financial services, replacing coal miners with white-collar workers.

The British general election campaign put the country's economy in the spotlight. How to deal with the massive budget deficit, and how best to encourage recovery, were the key questions that divided the political parties.

Like much of the rest of the developed world, Britain was hit hard by the financial crisis. Now, official figures show the country is officially out of recession, but many ordinary people are still feeling the pinch.

So just how, in practice, is the country coping? Even more so than the US and its European neighbours, Britain, over past decades, has opted for an economy based heavily on the service and financial sectors. Yorkshire, in the North of England, is a region that has largely let go of its industrial and mining past. Despite some poverty hotspots, the area now has a vibrant and varied economy. In particular, the dynamic city of Leeds has reinvented itself as a financial hub, the UK’s largest outside of London.

France 24’s reporters Catherine Norris-Trent and Alexandra Renard travelled to Leeds, and other areas of Yorkshire, to witness this transformation and take the economic temperature.

By Catherine NORRIS TRENT , Alexandra RENARD

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2017-01-13 USA

Video: Meeting Trump voters in Wisconsin

On January 20, Donald Trump will be sworn in as 45th president of the United States. With his promise of radical change in American politics, he won several states that until...

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2017-01-05 Africa

Dadaab: Growing up in the world’s largest refugee camp

Located in eastern Kenya, near the Somali border, is Dadaab. This sprawling refugee camp is home to some 280,000 people, most of them from Somalia. Over the past 25 years, a...

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2016-12-26 Middle East

Exclusive: Embedded with Iraqi special forces in Mosul

For more than two months, Iraqi forces have fought to retake Mosul from Islamic State group militants. A quarter of the city has been recaptured but the jihadists are still...

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2016-12-23 migrants

Ferrette: The French village giving hope to migrants

It’s been almost a year since Ferrette, a tiny village in France’s Alsace region, transformed one of its old army barracks into a reception centre for refugees seeking asylum....

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2016-12-15 Asia-pacific

Video: The Philippines’ ruthless war on drugs

Since Rodrigo Duterte took office in the Philippines in June, rarely does a night go by without dozens of bullet-riddled bodies being discovered in the streets of Manila. The new...

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