British Virgin Islands

Monday, Oct 19, 2020

London in limbo: can the capital survive this crisis?

London in limbo: can the capital survive this crisis?

We should worry about what is happening to London. Our capital is, after all, the country’s economic powerhouse. It accounts for just under a quarter of Britain’s GDP. In fact, three of its now most deserted locations - the City, the West End and Canary Wharf - account collectively for an eighth of the nation’s output. There is a danger that short-term damage to London’s economy could become permanent unless the right steps are taken.
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