People living in the wealthiest constituencies in and around London contribute more to UK tax revenue than the whole of Scotland, Northern Ireland and most English regions combined, new figures show.

See on Scoop.itWhat’s going down, in London town?

People living in the wealthiest constituencies in and around London contribute the most to UK tax revenue

Chris Richards‘s insight:

"HMRC revealed that individuals paid £156bn in tax in 2011-12, with the UK’s 10 richest constituencies contributing £13.8bn – about 9%. The most tax was paid by those living in Kensington, which contributed £2.45bn. Second and third were the Cities of London and Westminster, which paid out £2.16bn, and Chelsea and Fulham, which gave £1.87bn. Hampstead and Kilburn contributed £1.47bn, followed by Richmond Park, Westminster North, Esher and Walton, Wimbledon, Battersea, Islington South and Finsbury."

See on www.thetimes.co.uk

EXCLUSIVE: HS2 bosses set to abandon Camden Town HS1 ‘link’ stage of high speed rail project

See on Scoop.itLondon

Chris Richards‘s insight:

This may provide an opportunity to explore the sensible ‘Euston Cross’ proposals to link Euston, St. Pancras (Domestic and International) and King’s Cross stations: http://www.railtechnologymagazine.com/Rail-News/peers-to-meet-hs2-officials-to-discuss-alternative-euston-cross-plan

See on www.camdennewjournal.com

The Thames Barrier has saved London – but is it time for TB2?

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The Thames Barrier is being closed with increasing frequency to protect central London and at-risk areas upriver. Now, some experts are asking if it is still fit for purpose

Chris Richards‘s insight:

"Since the beginning of this year(!), the Thames Barrier has closed an unprecedented 40 times – close to its recommended number of annual closures (50) – at a cost of £5,000 a time."

 

"On Monday it closed for the twentieth time in 10 days. In the whole of the Eighties, it closed on just four occasions. Since it became operational it has closed only 166 times (almost half to protect central London and the remainder to regulate river flooding and damage upstream)."

 

Is it time for a Thames Barrier 2?

See on www.telegraph.co.uk

Water cannon in London would be a ‘big mistake,’ warns pensioner blinded by them

See on Scoop.itLondon

A German pensioner blinded by a water cannon travelled to London for the first time in 50 years to warn introducing them in the capital would be a “big mistake”.

Chris Richards‘s insight:

I think the state should first prove guilt before enacting punishment, don’t you? How many more Ian Tomlinson’s are likely if water cannons become part of the Met’s arsenal?

See on www.standard.co.uk

London property price changes over the last two decades – interactive guide

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Almost everyone knows that the cost of a property in London has increased but by just how much? This Tableau interactive uses land registry data to show how prices have changed in the capital since 1995, broken down by borough

Chris Richards‘s insight:

The ‘London house price bubble’ – the reality: expensive Boroughs getting more expensive? Property sales some way off pre-recession levels.

See on www.theguardian.com