Aug 9, 2016Christmas Venues London is your first-class venue finding agency with hundreds of high-end venues to choose from in the London area for your...
Mar 12, 2015Offering high quality Tailor Made Fitted Bedrooms and Wardrobes in over 1000 finishes, Metro Wardrobes is a well-established company with the...
Oct 24, 2015Permanent or Semi Permanent make up is an established beauty procedure,in which pigment (hypo-allergenic) made up of natural iron oxide is applied...
Jun 10, 2015
Jun 11, 2015
Dec 13, 2016
Nov 18, 2015
May 17, 2014
Dec 18, 2015 Education and Training
Established in 1974, David Game Higher Education (DGHE) a division of David Game College aims to...
Dec 8, 2015 Consumer Goods and Services
Local Cleaners Chelsea supplies professional cleaning services for both- commercial and home...
Dec 16, 2015 Home Improvement
We have founded our cleaning company in the London area of Bow and for many years now we have...
Oct 10, 2015 Health
GoodLooking Optics' vision is to be the world's best opticians. To be the best, means providing...
Dec 30, 2015 Business Services
Established flooring company, covering all the aspects of wood floor sanding and finishing...
If London treated Britain like Germany treats the eurozone, Londoners would pay no income tax
posted on Jan 30, 2015
As Germany refuses to bail out poorer nations like Greece, James Kirkup looks at the finances of Britain's own Germany: London
The poor old Germans are getting it in the neck again. Mark Carney, the Governor of the Bank of England, is the latest economic authority to criticise Germany’s reluctance to help out struggling eurozone members like Greece with cold hard cash.
The argument made by Mr Carney and others is that the single European currency cannot work without a system of fiscal transfers. In a nutshell, the argument is that if Germany and its export-driven economy is going to benefit from an exchange rate that is lower than it would have on its own, it should surely accept that it has to lend its financial support to weaker Eurozone members who can no longer devalue their way out of trouble.
Oddly, German taxpayers and German politicians don’t see it that way, asking why should hard-working successful people toil to support less industrious folk elsewhere?
That question is a familiar one in Britain, because we have our own Germany. It’s called London.
The UK capital is different from the rest of the country. Very different, and getting more so. Employment, incomes, house prices – they’re all higher than elsewhere.
Image source: telegraph.co.uk