Monday 14 April 2014

North, South Divide? Just make London independent

Labour and the Conservatives have both made claims such as “We are all in this together” or a “One Nation Britain”, but this just proves how disenfranchised our politicians are. We are not “all in this together” and we are not “one nation”, we are "London and the rest." (now, living in North West London, I'm obviously going to be biased- you have been warned)

House prices are the perfect way of exemplifying the North/South disparity. The Office for National Statistics realised a statement saying that property was 3.3% higher  in September 2013 than it had been a year previous. But just dismiss London, for a second, where the expenditure of a home augmented by nearly 10%, and the south-east, and in the rest of the country prices were up by only 0.8%. 

Some may say resilience is the solution, but they may counter that the problem with Britain is that the labour market is still not flexible enough and that only by making the UK more like the US can the problem of persistent unemployment be tackled. The only difficulty with this argument is that high levels of unemployment persist in America as well, although the correlation is not quite as strong as it is in Britain.

Some may naively claim that the government invests an equal amount of money into all regions of the UK, but that’s not true either.

The party support for a HS2 to the Midlands and the north is one attempt to find new ways to tackle the two nation’s problem. Supporters of HS2 say the cost will be worth it because the new line will lead to higher investment, increased rates of business creation and enhanced spending power in the northern regions. 

Another solution to the north-south divide would be for London (ironically not Scotland) to get its independence. Although Britain is not part of the sole currency, London is Europe's unparalleled financial capital. The actuality is that London is a distinct country. Maybe we should make it official.

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