The end of London as a financial centre?

[Moscow Mule]

I thought Londoners paid a lot less for their council tax. Seem to remember Wandsworth having a very cheap council tax?

edit:

Council Tax in Wandsworth
The Council Tax for 2008/2009 is £681 for an average Band D property. This remains the lowest in the country.

Check Lambeth.

Not that anybody who could afford to move would live in Lambeth but that's not the point.

[Bagpuss]

I thought Lambeth was Labour? doesn't add up with the subsidy of Labour wards argument.

[minestrone]

Charge for the Armed Forces & anything else UK wide until they are ready for full independence.

Exactly, Scotland still needs an army.

[expat]

We should just have fiscal and political independence for Scotland & Wales.

Charge for the Armed Forces & anything else UK wide until they are ready for full independence.

Have separate sittings for UK & England only issues in the House of Commons.

I agree with some of that.

I would just ask, why do you think that England should charge Scotland for UK-wide stuff? Surely Scotland and England should own the UK as a condominium, and the condominium should charge Scotland and England for common services? I fear that are are still thinking automatically that it is England that pays....

[expat]

Exactly, Scotland still needs an army.

Like I said to Moscow Mule, where do you get this idea that it is the English army, that Scotland benefits from?

[Moscow Mule]

I thought Lambeth was Labour? doesn't add up with the subsidy of Labour wards argument.

It is.

The point is, Wandsworth is the paragon of Conservative virtue and runs itself in an efficient manner. Lambeth is a scumbag council run in a true socialist manner (not necessarily my views, but the accepted "wisdom")

Not all of London has a council tax as cheap as Wandsworth, nor as expensive as Lambeth (& Camden), however London (on average) is about £100 cheaper (in band D) than Shire areas and about £35 cheaper than other Metropolitan areas.

However, that's still not the whole story. London actually has a greater housing density than most of the UK, so to get the full picture you need to look at total revenue by borough. Something I can't be arsed to do at the moment.

If you GIS, http://www.local.odpm.gov.uk/finance/ctax/ctax089.htm

[minestrone]

Like I said to Moscow Mule, where do you get this idea that it is the English army, that Scotland benefits from?

Might have been Ironic there. Although your punctuation is so poor I do not know what you are trying to say.

[Bagpuss]

No me either, I know my council tax is higher than what I used to pay in the south east though. I'm not sure who I am subsidising this time around

[MPwannadecentincome]

Not all of London has a council tax as cheap as Wandsworth, nor as expensive as Lambeth (& Camden), however London (on average) is about £100 cheaper (in band D) than Shire areas and about £35 cheaper than other Metropolitan areas.

However, that's still not the whole story. London actually has a greater housing density than most of the UK, so to get the full picture you need to look at total revenue by borough. Something I can't be arsed to do at the moment.

The other factor in this is how many properties in London are in Band D compared to the rest of the country? Ok so wages may be higher in London but so is food, groceries, rail travel, getting a plumber, electrician, etc.

[minestrone]

No me either, I know my council tax is higher than what I used to pay in the south east though. I'm not sure who I am subsidising this time around

Although your punctuation is so poor I do not know what you are trying to say.