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Originally Posted by Ignitionnet
London and the South East more than pay for themselves actually. They subsidise various other parts of the rest of the country according to the gross value add statistics.
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Which is why Brown was so keen to 'encourage the risk takers' in the City of London (who were stumping up £billions in tax every year to fund his profligacy) that he doled out gongs to so many of them and so crucially took his eye off the ball.
http://webarchive.nationalarchives.g...ress_56_04.htm
Quote:
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Gordon Brown - Let me thank you first for the scale of the contribution you make to the British economy - the £50 billion of income, 4 per cent of national output, and the 1 million jobs that arise.
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