James Miller

 

Monday, April 25, 2005

 

What is the North For?

Figures from the Centre for Economics and Business Research shows how dependent the North of the UK is on handouts from the South!

The table is simple and shows Public Expenditure as a Percentage of GDP. Highlights are Northern Ireland at 67, the Northeast and Wales both at 59 and Scotland at 52. Against this the Southeast, London and East Anglia are 33, 34 and 37.

Oh Dear!

Couple this with the fact that there is only one hi-tech business in the top 100 outside of the Southeast and that is Sage.

Why should we subsidise people, if they won't even create anything worthwhile?

I suppose the answer is that most of the areas with the exception of Northern Ireland vote Labour. So subsidy equates to votes for Blair. Or the loonies in Ulster!

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