It makes money. Book the re form podcast on capitalismNot really. On paper yes. In reality it drains money from the rest of the economy, mostly via the banks headquartered there.
Barclays call centre is in Sunderland, offering employment. Profits attach to the company and are distributed through taxation not locationJoe Bloggs in Sunderland pays his mortgage to Barclays in his local town, who transfer that money to London.
NonsenseVery little is actually produced in London.
Anti Mayoral propagandaIt sucks money from the rest of the country, claiming it all as though it produced it.
