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The UK could rake in an extra £14.7bn every year by adopting US president Joe Biden’s ambitious tax proposal, according to the Institute for Public Policy Research today.
London and south east now accounts for £4 in £10 of total UK economy London remains the golden goose of the UK economy (Photo by Jim Dyson/Getty Images) London accounts for almost a quarter of the UK’s total economic activity, according to new figures from the Office of National Statistics. The capital accounted for 22.7 per cent of total UK Gross Domestic Product in 2019, and 23.8 per cent of total Gross Value Added. When the south east is added, that figure rises to 37.5 per cent and 38.4 per cent. London business leaders said the figures demonstrated the need for “c...