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>it seems obscene to spend all that money in so small an area Greater London has a population nearly three times that of Wales. So the bang-for-buck in this sm
by widdershins 2y ago
>it seems obscene to spend all that money in so small an area
Greater London has a population nearly three times that of Wales. So the bang-for-buck in this small area is much greater. I completely agree that we under-invest in areas like Wales. But that doesn't mean that under-investing in the most productive part of the country is a good idea.
- ninalanyon 2y ago> most productive part of the country is a good idea. In what sense is London productive? What are the products?
- widdershins 2y agoIn the sense of labour productivity, measured in output per hour[1]. The products could be anything, but I'd guess they're primarily services like finance, technology, media etc. https://www.ons.gov.uk/economy/economicoutputandproductivity/productivitymeasures/bulletins/regionallabourproductivityincludingindustrybyregionuk/2021 https://www.ons.gov.uk/economy/economicoutputandproductivity...
- aembleton 2y agoTax revenue
- dukeyukey 2y agoFinancial services? Software? Scientific research?