People falling into the north v south trap again (even though much of the south sees crap spend eg the south west).
In addition it's just not the norm for most developed nations to spend only in one area at the expense of another like we tend to do. London NEEDS investment as a major world city that's also one of the premier places to visit on the planet bringing £££ to the economy, but investment IS also sorely needed for many cities in the north (and elsewhere like Bristol and Birmingham). Urban areas in many G7 nations see investment both in capital cities and secondary conurbations or other big cities. See China, Australia, Spain, France etc.
The UK and Treasury have a major aversion to infrastructure spend full stop. London does "better" but hardly amazing on an international level. See how Crossrail took 30 years to be approved and even then most of it funded by London business and TfL borrowing. Not central government. Even then Treasury was loath to spend what is a relatively small sum of £6.5bn over the projects 15 year lifespan. Didn't Paris build many similar routes in 40 years while we talked of it? Still they also improved cities all over the country. Investment in light rail across French cities north, south, east and west has been huge.
In London projects like the Bakerloo have been waiting 90 years with Thamesmead waiting 50 years.
The figures of £10bn per annum spend in London seem odd. What's that based on? The Liz line was £6.5bn over 15 years!
I'd like to see serious investment in the likes of Leeds, Liverpool, Newcastle etc but not at the expense of London or Bristol. It should not be either this or that. And infrastructure investment is essential for productivity, economic growth and quality of life. Invest in short term to benefit long term.
The main problem is the dead hand of the Treasury and economic thinking in recent decades. We could learn a lot from other developed nations. Instead I suspect within England the us v them, north v south arguments will go on.
In addition it's just not the norm for most developed nations to spend only in one area at the expense of another like we tend to do. London NEEDS investment as a major world city that's also one of the premier places to visit on the planet bringing £££ to the economy, but investment IS also sorely needed for many cities in the north (and elsewhere like Bristol and Birmingham). Urban areas in many G7 nations see investment both in capital cities and secondary conurbations or other big cities. See China, Australia, Spain, France etc.
The UK and Treasury have a major aversion to infrastructure spend full stop. London does "better" but hardly amazing on an international level. See how Crossrail took 30 years to be approved and even then most of it funded by London business and TfL borrowing. Not central government. Even then Treasury was loath to spend what is a relatively small sum of £6.5bn over the projects 15 year lifespan. Didn't Paris build many similar routes in 40 years while we talked of it? Still they also improved cities all over the country. Investment in light rail across French cities north, south, east and west has been huge.
In London projects like the Bakerloo have been waiting 90 years with Thamesmead waiting 50 years.
The figures of £10bn per annum spend in London seem odd. What's that based on? The Liz line was £6.5bn over 15 years!
I'd like to see serious investment in the likes of Leeds, Liverpool, Newcastle etc but not at the expense of London or Bristol. It should not be either this or that. And infrastructure investment is essential for productivity, economic growth and quality of life. Invest in short term to benefit long term.
The main problem is the dead hand of the Treasury and economic thinking in recent decades. We could learn a lot from other developed nations. Instead I suspect within England the us v them, north v south arguments will go on.
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