So Vince Cable believes that “London is …. draining the life out of the rest of the country.”. Really?!?
I could understand a bit of London bashing from a representative of one of our other great cities. They would be wrong to do so but it would at least be understandable. I could understand a bit of London bashing from someone who didn’t understand how business worked, who believed that commerce is a zero sum game. They would be wrong to do so but it would at least be understandable.
London bashing from a London MP who is also the Secretary of State for Business is both shocking and inexcusable.
John Humphrys asked Cable if he was going to resign over a third runway at Heathrow, a better question would be “are you going to resign for being so clueless about both London and business?”.
We will not make our other cities stronger by damaging London, they will benefit from a strong and vibrant national economy and the success of London is key to that. London’s competitors are the international business centres in Europe, the USA, Asian, Latin America and increasingly Africa, it is hugely worrying that Cable thinks that Birmingham, Manchester, Liverpool, Edinburgh etc are competitors rather than allies.