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nickdothutton | 3 days ago

One of the most interesting government charts (to me at least) is the "Net fiscal balance by geographic region" one from the ONS[1] (Figure 8). Spoiler: London and to a much lesser extent, the SE, are the only regions with positive net fiscal balance at all. A sorry state of affairs.

[1]https://www.ons.gov.uk/economy/governmentpublicsectorandtaxe... Figure 8.

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graemep|3 days ago

That is not really measuring things like quality of life etc. It just shows tax payments are higher (because incomes are higher, property is worth more, and lots of companies that operate nationally, or even internationally, are registered with London addresses) by more than government expenditure is higher.

Someone living outside London might have a lower income but also have much lower expenses (especially rent or mortgage payments, but lots of other things).

nickdothutton|3 days ago

Certainly. Indeed the trick is to wrangle London wages while based somewhere with less crime, more trees, a pollution-free waterway, and less traffic!

Edited for typo.