Display:
There's also engineering and consultancy out at the edges, here and there. Occasionally it looks like real industry.

Ofxord and Cambridge have research parks.

No one is forced to live or work in London. The UK does have an economy of sorts elsewhere too.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Sep 16th, 2008 at 07:47:32 AM EST
[ Parent ]
What? I thought the point being pushed by you, among others, was precisely that the whole UK economy was pretty much shoehorned into London and that prospects elsewhere were borderline. Suddenly this isn't true?
by Colman (colman at eurotrib.com) on Tue Sep 16th, 2008 at 07:57:16 AM EST
[ Parent ]
It's true if you're willing to accept challenging and useful work which doesn't promise city-sized bonus packages.

That seems to have been a personal sacrifice too far for too many people.

So - here we are.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Sep 16th, 2008 at 08:17:22 AM EST
[ Parent ]
Um, for a year I didn't get any offers of challenging and useful work which doesn't promise city-sized bonus packages.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Sep 16th, 2008 at 08:22:57 AM EST
[ Parent ]
There's some of that, but remember that chart Jerome had of government spending across the UK under Blair (think it was from the FT).  A lot of what was going on out in the Provinces revealed quite a bit of weakness in the private economy.  I think everything from the Midlands up had pretty much stagnated if you deducted the government's contribution.

Which isn't a bad thing.  Gotta put people to work.  But I think most of the private-sector stuff is in the South generally and Southeast in particular.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Tue Sep 16th, 2008 at 08:41:37 AM EST
[ Parent ]
A quote from our Anglo Disease piece below:

European Tribune - Community, Politics & Progress.

In the UK, where the sector's share of GDP rose to 9.4% in 2006, from 5.5% in 2001, City-dominated London received 50% of total foreign investment. Per capita Gross Valued Added rose by between 8% and 9% over the last decade in London while, in all other regions of the UK, it stagnated or fell.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Sep 16th, 2008 at 08:53:40 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series