 However, growth has not been sufficient to begin closing the productivity gap between Yorkshire and the Humber and either the London or South East regions.Businesses in Yorkshire benefit from average salaries below the national average, operating costs up to 20% lower than the UK average, and a competitive property market.In the Liberal Democrat-Conservative's Emergency Budget of 22 June 2010, it was announced that regional development agencies such as Yorkshire Forward were set to be abolished as part of the programme of radical spending cuts to reduce the UK's national deficit.