The siege of London has been worse than most of England

Oxford Street, em Londres

London It emerges from a lockout under the influence of Brexit and an epidemic that has hit the UK capital far more strongly than other regions, raising questions about its ability to drive the country’s economic recovery. According to official data, the city accounts for a quarter of UK production and caused a nearly 30% drop in wages across the country last year. People are moving to the suburbs and elsewhere in search of space, and the UK’s exit from the EU is undermining high-paying jobs in the financial sector.

These are just some of the headaches facing Europe’s largest city as Prime Minister Boris Johnson relaxes rules that have paralyzed much of the economy. With so many restrictions in place until the end of June, London is beginning to tackle the long-term trends of leaving its resources, namely long-distance work and tight border controls due to Brexit and the virus.

London has lost more than 230,000 formal jobs since the outbreak began

London has lost more than 230,000 formal jobs since the outbreak (HM Revenue and Customs / Bloomberg) began.

“London is struggling, and if I were the national government, I would be deeply concerned,” said Andrew Carter, chief executive of the Center for Cities, a non-partisan research group.

When it comes to life in New York, much of London is paralyzed. Office staff were told to stay home until June 21, when events and nightclubs were inactive. Thousands of migrants who once worked in the burgeoning tourism sector have left, and new visa rules will make it harder for many of them to return after Brexit.

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About the Author: Morton Obrien

"Reader. Infuriatingly humble travel enthusiast. Extreme food scholar. Writer. Communicator."

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