London accounts for roughly 15% of the UK's national population but generates about a quarter of all economic growth and a third of all exports.
Snapshot · The Rest Is Politics
London accounts for roughly 15% of the UK's national population but generates about a quarter of all economic growth and a third of all exports.
Where this was said
At 11:00 · chapter starts 8:30
Rory frames the speech around two big ideas. The first is devolution: shifting political and fiscal power from London to city mayors, with Greater Manchester held up as a working proof of concept after a decade under Burnham. Rory credits George Osborne and David Cameron for setting up the Greater Manchester model, while Alastair notes the rejection of Thatcherism woven through the speech. The second pillar is industrial strategy — housing, energy nationalisation, government-led investment. Alastair then fires off the episode's most arresting data point: Britain collects just 6% of taxes locally, versus 14% in France, 24% in Spain, and 32% in Germany. The implication is stark — until that changes, local mayors are merely spending central government pocket money. [1] — Alastair Campbell "Britain collects just 6% of its tax revenues locally versus 32% in Germany. Until that changes, any talk of empowering local mayors is thea…" 20:00
The academic book 'The Myth of Treasury Control' by four academics, published by Oxford University Press, includes an interview with Andy Burnham and is priced at £125.
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