In the past 25 years, Britain's pay differentials have collapsed. Everyone's earnings are bunched together within a smaller band. The top 10% now earn only three times as much as the bottom 10%. A quarter of the population earns within 10% of the minimum wage.

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u/North_Attempt44 — 6 days ago

Good to hear Burnham champion often overlooked London devolution – London currently retains just 7% of the tax revenue it generates, compared to 50% in New York and 70% in Tokyo.

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u/North_Attempt44 — 6 days ago

It now takes on average at least eight years to complete an apartment building in London. A decade ago, it took just five years.

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u/North_Attempt44 — 11 days ago

Steve Reed has just overruled Slough Council to approve the UK's largest data centre site near Heathrow. The council had initially blocked it because of concerns about the Green Belt, so MHCLG called it in. The site has been designated as critical national infrastructure.

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u/North_Attempt44 — 25 days ago

Deregulation hands top US and UK banks $1.3tn - Regulatory loosening allows countries’ banks to expand balance sheets while EU and Swiss rivals are constrained

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u/North_Attempt44 — 1 month ago

Refused plans by Barnet Council for 1,768 new homes across two sites are poised to be overturned by via public hearing following an call-in the Mayor of London, ➡️ 283 flats next to High Barnet tube station ➡️ 1485 homes on a Leisure Park in Finchley with replacement lesiure centre.

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u/North_Attempt44 — 1 month ago

It's a bit of a narrative violation to point out that the two fastet growing major Australian cities (Melbourne and Canberra) over the long run have also had the slowest growth in housing costs and most affordable rents.

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u/North_Attempt44 — 1 month ago