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London’s employment mix and the bank bailouts have helped it avoid the worst of the recession, but things do not look so rosy for the capital’s poor

Overman, Henry G. (2011) London’s employment mix and the bank bailouts have helped it avoid the worst of the recession, but things do not look so rosy for the capital’s poor. British Politics and Policy at LSE (20 Jan 2011) Blog Entry.

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Abstract

When the recession hit many predicted that London would fare the worst. Henry Overman argues that while incomes and employment have contracted in London in the last two years, the capital’s high proportion of professional and service occupations as well as government interventions (including the bank bailouts) have shielded it from the worst of the recession thus far, and has even led to some above average rises in spending.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 the author
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Collections > British Politics and Policy at LSE
Research centres and groups > Centre for Economic Performance (CEP)
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 26 Jan 2011 15:09
URL: http://eprints.lse.ac.uk/31732/

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