>without London, the UK really would be quite doomed. London would be considerably poorer, there is an argument that the rest of the country may well be better

>without London, the UK really would be quite doomed. London would be considerably poorer, there is an argument that the rest of the country may well be better off. The finance sector is our equivalent to the oil industry in Dutch Disease. https://en.wikipedia.org/wiki/Dutch_disease https://en.wikipedia.org/wiki/Dutch_disease