What nobody told you about London you won't believe this video

Britain minus London British poverty can be looked at by taking London out of the country’s territory. The capital city contributes to about 13 per cent of the country’s population, and 22 per cent of its national output. As an analysis in FT by Jon Burn-Murdoch shows, if you subtract London’s economic output from Britain’s, British per capita income falls by 14 per cent, a massive decline. German per capita income falls by only 1 per cent minus Munich, its richest city. And America minus the Bay Area loses just 4 per cent of its per capita income. The overdependence of Britain on London works against it not just statistically, but also its policy. As Burn-Murdoch writes, there is resistance to creating other economic dynamos. Like any big, rich city, London hides its low income areas. But inequality in London is worse as it is disproportionately crucial for the national economy. Poverty in London tells a grimmer story. There are neighbourhoods like Mayfair — often considered the world’s most What nobody told you about London you won't believe this video This London is a few light years away from ’hoods like Tower Hamlets, parts of Hackney, and Newham. Even better-off Indians, used to deep urban poverty in their cities, will recognise the rot and the despair here. Like in Mumbai, some of London’s poorest areas are cheek by jowl with its richest bits, Knightsbridge and Chelsea. sources: