3 ms·
The UK does need to lift up areas outside of London but it cannot afford to do that by bringing London down. Before the pandemic, "London had the highest net fi
by laurencerowe 4y ago
The UK does need to lift up areas outside of London but it cannot afford to do that by bringing London down. Before the pandemic, "London had the highest net fiscal surplus per head at £4,030." [1] If London were destroyed as a financial centre the rest of the UK will necessarily get far less resources & investment.
[1] https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/articles/countryandregionalpublicsectorfinances/financialyearending2020 https://www.ons.gov.uk/economy/governmentpublicsectorandtaxe...