Posted 11/26/2023, 10:00:00 AM
London's Growth Obstructed by Anti-Expansion Policies, Threatening UK Economy
- London has been the economic engine of the UK, generating growth and taxes, but anti-expansion policies now threaten its dynamism
- Plans for Wimbledon expansion, a Vegas-style entertainment venue, Oxford St redevelopment rejected due to NIMBYism
- Proposed data center and airport expansion also blocked, damaging infrastructure and growth
- London drives 22% of UK output, homes 39 unicorns - but new investments are being obstructed
- If London adopts the zero-growth mentality of the rest of the UK, it will be catastrophic for the whole country