ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

The good news:
UK's #services #experts are one of the few areas where the economy is still clearly successful;

the bad news: increased domination of #London in providing those services further undermines any attempt to resolve the problem of the UK's problem of regional under-development.

And again, while its good that this success relies less on the #financialservices sector than it used to, centralised London-centric activity still drives #inequality.

h/t FT/Resolution Foundation

Chart: London has captures the majority of services export growth. Services exports by city, 2016 & 2021, £bn Shows London's domination with £100bn exports in 2016 & around £150bn in 2021... the next city is Manchester with £10bn & £12bn for those years, and other cities with major services sectors (including Glasgow, Birminghma, Leeds & Bristol) all exported even less.

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