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How The South Props Up Britain’S Economy As Just Two Areas In The North Match Wealth Creation

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http://www.dailymail.co.uk/news/article-2047681/How-south-props-Britains-economy-just-areas-north-match-wealth-creation.html

Highest productivity levels are found in inner London

Bottom of the pile for worker productivity is Blackpool

The extent of the UK’s reliance on the south to prop up the economy was laid bare by official figures yesterday.

They showed that only two areas in the north of England and one in the Midlands could match the wealth creation per worker of London and the south.

And only four of Scotland’s towns and cities and one in Wales could do so. The Midlands area is the Birmingham suburb of Solihull, while the two in the north are Cheshire and Derby.

I mean who would have predicted this!!!!

Is Cheshire's place down to the football set?

London's place is cemented by it's casino, I don't think there is a strong manufacturing sector in inner London.

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"Based on a complicated formula"....gdp per worker.

GDP is largely a measure of spending. If hpi is much greater and if people are being paid more to do the same jobs (like nurses) and benefits such as for housing is much higher....need I go on...what do they expect?

I am more interested in the 'quality' of gdp and whether it expands wealth rather than taking an increasing share of the cake like financial services. Not in measures of spending and how much a region sucks the life out of all the others.

If you took all the banking bailouts of over a £TRILLION and gave it to the rest of the country, that would be a good start. But of course those bailouts had already found their way into the back pockets of the City bankers, those wonderful 'wealth creators'.

Indeed. This article if anything only proves further how much of a drain the South East is to the rest of the country.

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Indeed. This article if anything only proves further how much of a drain the South East is to the rest of the country.

We need different currencies inside and outside the M25.

In fact, forget this whole 'Scottish and Welsh independence' thing. We can just divide the country into Great Britain and TosserLand (outside and inside the M25, respectively)..

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I have worked for a couple of firms who had a 'London weighting' on top of the standard wage just for working in London. Same job, same productivity yet more was paid due to living in London. Is this wealth creation? Certainly I was spending more living in London but that was because it cost more to live there. The study seems to be meaningless. Quality of life wise I now life comfortably up North and it beats the quality of life I had in London hands down.

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We need different currencies inside and outside the M25.

In fact, forget this whole 'Scottish and Welsh independence' thing. We can just divide the country into Great Britain and TosserLand (outside and inside the M25, respectively)..

Hmm, so do we get to keep Boris and the Queen, while the rest of you get the government? Sounds good to me.

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We need different currencies inside and outside the M25.

In fact, forget this whole 'Scottish and Welsh independence' thing. We can just divide the country into Great Britain and TosserLand (outside and inside the M25, respectively)..

Works for me.

Make this area a city state (like Luxembourg), which incidentally is another localised economy dependent on a large financial sector with a high GDP thanks to non resident workers.

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Hmm, so do we get to keep Boris and the Queen, while the rest of you get the government? Sounds good to me.

We also get the farmland, but then you're used to high food/living prices anyway.

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Living outside that bubble, I feel I see the problem that London creates for the rest of the country more clearly. And I agree, it really does need its own currency. London is naturally inflationary and for most of the past 30 years, rates have been too high which has wiped out vast swathes of industry across the country. But that was considered 'to be a price worth paying' at the time.

Agreed that one interested rate does not fit all, the North has needed lower interest rates whereas the south has needed higher. Instead UK rates are set for London.

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Hmm, so do we get to keep Boris and the Queen, while the rest of you get the government? Sounds good to me.

Put like that...

Maybe Yorkshire should secede?

Geoff Boycott for King and free lard on Yorkshire Day (1 August).

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The south east's relative economic strength is mainly due to geography. If during the last Ice Age the British Isles had been rotated 180 degrees Glasgow would now likely be Britain's most important, most wealthy city. It was powerful foreign invaders that established London because its location relative to the Continent makes it a peaceful, easy to reach seaport and the first point coming from the east where the Thames can be bridged.

London has taken on relatively increasing importance in more modern times thanks to the destruction of heavy industries in the provinces. Glasgow was the busiest shipyard in the world, Cardiff the busiest coal exporting port in the world, Lancashire the biggest textile manufacturing centre in the world, Liverpool was the busiest port in the world (and headquarters for Allied Naval operations during World War Two).

Was their decline due to competitiveness? Remind me, what was the value of the City banking bonus pool last year?

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Hmm, so do we get to keep Boris and the Queen, while the rest of you get the government? Sounds good to me.

Thought the Royal Family was basically Scottish.. tell you what, you can have Fergie..

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Put like that...

Maybe Yorkshire should secede?

Geoff Boycott for King and free lard on Yorkshire Day (1 August).

Well many parts of our region do speak their own language..............................................................................................................urdu.

And of course many others speak Yorkshire!

So, Boycott for PM and Parky as Chancellor. What can possibly go wrong?

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And they get free lahhdedah? :D

That's usually reserved for the likes of Harrogate. ;)

So, Boycott for PM and Parky as Chancellor. What can possibly go wrong?

Well there is always Roy Hattersley as a potential chancellor.

Then again, maybe not.

Brian Blessed as Speaker of the House.

Sean Bean as Minister of Defence.

Judi Dench in charge of the secret service.

Patrick Stewart in charge of our space program.

Oh yes, it's starting to shape up nicely.

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http://www.dailymail.co.uk/news/article-2047681/How-south-props-Britains-economy-just-areas-north-match-wealth-creation.html

I mean who would have predicted this!!!!

Is Cheshire's place down to the football set?

London's place is cemented by it's casino, I don't think there is a strong manufacturing sector in inner London.

Just for the record, Solihull is not a "suburb of Birmingham", it is a separate borough with its own MBC. Typical Daily Mail. The article is a pile of devisive crap anyway.

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Ministry of Culture:

howard_frankie.jpg

Never knew Frankie was born in York.

we'll keep the queen and you can keep boris.

We want Boris. Much more entertaining.

Is this the original, pre-Special Edition version of Star Wars?

George Lucas has a lot to answer for.

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Trouble is, some of us are actually from London and the surrounding towns and our family and friends live here. I could buy a whole street in Hull for 50 pence and spend my nights watching Peter Kay DVDs with a ferret down my trousers, but it'd be a bit lonely.

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Trouble is, some of us are actually from London and the surrounding towns and our family and friends live here. I could buy a whole street in Hull for 50 pence and spend my nights watching Peter Kay DVDs with a ferret down my trousers, but it'd be a bit lonely.

and youd need to step outside the house to go to loo

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Just for the record, Solihull is not a "suburb of Birmingham", it is a separate borough with its own MBC. Typical Daily Mail.

Thanks, but noone outside Solihull cares. :P

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Trouble is, some of us are actually from London and the surrounding towns and our family and friends live here. I could buy a whole street in Hull for 50 pence and spend my nights watching Peter Kay DVDs with a ferret down my trousers, but it'd be a bit lonely.

You knew the risks when you were born there...

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:lol:

I'm a former Tosser myself (many would say I still am).

However, having been that arrogant Southerner being brought up with all the 'messages' we all tell each other down there - like how lazy people elsewhere are, or how thick they are, how terrible the weather is, how horrible the towns are etc etc etc...why shoud 'we' be paying for those lazy gits. The London Evening Standard carries these truisms all the time about how London pays for the country...without looking for a moment where most of this decade's infrastructure spending has gone.

Living outside that bubble, I feel I see the problem that London creates for the rest of the country more clearly. And I agree, it really does need its own currency. London is naturally inflationary and for most of the past 30 years, rates have been too high which has wiped out vast swathes of industry across the country. But that was considered 'to be a price worth paying' at the time.

I was born In London Mrs T was our MP......times were good, lots of small businesses doing well, plenty of work and opportunities out there for anyone who wanted to take them up...you could buy a nice home knowing it would not break the bank....the sun was always shining.....things have changed immensely since then, the way people change over time.....since moving, and now outside looking in, I find myself surrounded with many like me doing exactly the same. ;)

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London relies on its hidden army of slaves who are forced to work for 30quid a day.

The black economy in London is larger than the rest of the county combined.

The Egyptians were very 'productive' and could build mega structures off the backs of slaves.

London is productive off the backs of the new slave class

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"outside and inside the M25, respectively"

I think you'll find tosserland starts well before the M25.

Croydon, tosserland?

Brent Cross shopping centre, tosserland?

I think you'll find it's the south circular in the south and the north circular in the north.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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