New Economy

Carl Remick carlremick at hotmail.com
Wed May 3 12:21:39 PDT 2000



>From: Jim heartfield <jim at heartfield.demon.co.uk
>
>London boroughs that abut the City of London (ie the financial district)
>have for a few years now been trying to promote the 'City Fringe' as an
>area of service industries for the City - cleaning firms, security, and
>so on. ... there is rising employment, greater use of services,
>greater proportion of household expend. on services. etc etc. Not all of
>this is low paid work. There does seem to be a lot of well-paid work out
>there.
>
>All this alongside a reported fall in manufacturing employment of 250
>000 in the period since New Labour took office.

Jim, what effect, if any, do you think Ken Livingstone's impending election as London mayor will have on these trends, in terms of either policy changes or a different psychological environment?

Carl

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