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The Prospect editorial: Capital-ism

Britain is better off with one world city rather than none. But how much better would it be if we could nurture a couple more?

By Tom Clark   November 2018

Growing up in Huddersfield 25 years ago, we heard Bradford bard, Justin Sullivan, sing about “the land of gold and poison.” We knew exactly where he meant. Regional resentment of a glitzy metropolis has been a feature of British life for decades. But in the run-up to the financial crisis, average wages and wealth in London raced further ahead than ever (Paul Collier paints the big picture, and Torsten Bell…

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