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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
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