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Maybe what you are describing is in fact a good thing? London gets correction on its growth, rest of the UK sligtly benefits by getting industries back which c
by thriftwy 9y ago
Maybe what you are describing is in fact a good thing?
London gets correction on its growth, rest of the UK sligtly benefits by getting industries back which can no longer be served from within EU. Which will lead to slowdown or reversal of inequality growth.
- slashdotdash 9y agoThe remainder of the U.K., outside of London, has a larger dependency on the EU. These regions will suffer disproportionately more than London. "In particular, Northern Ireland (the UK’s poorest region), the North East (England’s poorest region) and the South West (Southern England’s poorest region) appear to be the most dependent on the ability of the UK to trade in goods with relatively few restrictions with other EU countries." [1] [1] "UK regions, the European Union and manufacturing exports" http://speri.dept.shef.ac.uk/wp-content/uploads/2016/05/Brief23-UK-regions-the-EU-and-manufacturing-exports.pdf http://speri.dept.shef.ac.uk/wp-content/uploads/2016/05/Brie...
- thriftwy 9y agoI can feel the pain with regards to Northern Ireland. Though, it's hard to justify how Northern Ireland happen to become the UK’s poorest region, given how Ireland is more prosperous than the UK by the numbers. The whole situation is hilarous IMO.
- tonyedgecombe 9y agoIf I thought that was going to happen I would have voted for Brexit, if we go through with it the regions are likely to suffer the most, in particular car manufacturing.