Ann McGauran

In a powerful article in the Guardian recently, Aditya Chakrabortty describes the nature of the recovery Britain is enjoying. He points to analysis by the Centre for Research on Socio-Cultural Change (Cresc) at Manchester University. This, he says,  shows that London and the South East “have come roaring out of the crash, and now account for a greater share of growth than they did even during the boom”. He describes how a restaurateur in Canary Wharf has had his opening delayed while he waits for a supply of marble to arrive from an Italian quarry.

The owner of this latest upmarket eatery targeted at the capital’s bankers and lawyers points out that he knows it’s been a dark period nationally, But he says customers at his other restaurants in central London have spent more year upon year – “apart from what he describes as a blip in 2010”. The…

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