London – Capital of the World in a Second Rate Country?

  • English: Divisions of the United KingdomWhilst the rest of the country had a recession, London’s economy grew by nearly 12.5% between 2007 and 2011 – twice as fast as the rest of the UK. 
  • The value of London’s property had risen by 15% – or £140bn since the financial crisis began. London’s top ten boroughs alone are worth more, in real estate terms, than all the property of Wales, Scotland and Northern Ireland, added together.
  • The average Londoner contributes 70% more to Britain’s national income than people in the rest of the country – a difference of £16,000 each a year.
  • You can cover the 120-odd miles between London and Birmingham in a train in 84 minutes. Birmingham to Manchester is not much more than half the distance, but the fastest train between the two is 90 minutes. It’s only 40 miles from Manchester to Leeds, but the fastest train takes nearly an hour.
London - Capital of the World

London – Capital of the World

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