It is not especially low tax, nor is it unregulated – though it is certainly a more business-friendly environment then the UK. Here is why it works.
Its awards consume roughly a quarter of public spending. It is hard to see where the tax hikes or spending scaleback to fund them will come from if the Chancellor sticks to his guns.
While London is experiencing the greatest demand for housing, the prospect of building in the capital is fraught with political risk.
Now is the time to spread more of the success beyond the South East.
We need sectoral centres of excellence that strengthen our economy, create higher wage jobs and help us trade across the globe.
MigrationWatch believes that net migration from the EU is unlikely to fall below 155,000 in the medium to long term for as long as free movement continues.
Downing Street can win votes in the regions without resorting to Blair’s pork-barrel spending.
I hope that this decision is the first step in a drive to ensure greater connectivity between British cities and the rest of the world.
The housing shortage is pushing benefit bills up in the prosperous South East. Here’s how to get them down.
If there is a crash in property prices in the Greater London area, this will have a major impact on the banks and on the economy as a whole.