So there we have it — the Chancellor has finally acknowledged that levelling up, in reality, means levelling down London. In an interview, Rishi Sunak seemed to boast that there is a more robust economic recovery outside of London and the South-East.
Such a policy is short-sighted. While we support investment across the entire United Kingdom, it would be fiscal illiteracy to do so at the capital’s expense. London is the engine of the economy and we will not have a sustained recovery without our city firing on all cylinders.
