Prospect magazine’s In Fact column always contains some thought provoking numbers. This month, I was particularly struck by this statistic:
On one level, this is testament to the importance of clusters. But it is also a sign of just how dominant in the UK London is; something that is not particularly healthy for the country as a whole.“The annual retail spend of Oxford Street, Regent Street and Bond Street is £5.5bn—more than Manchester and Birmingham.”
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