Biggest foreign-worker exodus since WWII adds to Britain s woes
Andrew Atkinson, Bloomberg
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Commuters cross London Bridge in the City of London on Feb. 15, 2021.Bloomberg photo by Jason Alden.
Foreign workers are leaving Britain at the fastest pace since World War II, presenting a challenge to an economy already roiled by Brexit and the coronavirus.
London alone has lost 700,000 people over the last year, recent research suggests. The implications are profound for the Treasury, landlords and the chances for a recovery from the worst slump in three centuries. The risk is that people don t come back, so we have skill and labor shortages and we lose some output, growth and tax revenue permanently, said Jonathan Portes, a King s College London economics professor who estimates well over 1 million foreign-born workers may have left. Given how migration has driven economic growth, particularly in London, that could be bad news.
Biggest foreign-worker exodus since WWII adds to Britain s woes
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An aerial look at the proposed Camden Highline
A slice of Manhattan could soon be coming to London, as the team behind New York’s High Line has been appointed to design London’s very own park in the sky, in Camden.
The Camden Highline initiative plans to morph a three-quarter-mile stretch of disused railway into a pedestrianised route between Camden and Kings Cross.
The idea came from an academic at University College London named Oliver O’Brien, who posted a blog in 2012 listing the stretches of disused railway in London where a highline could possibly work. The section that was deemed easiest and most obvious was this stretch of rail between Camden and Kings Cross.