Ross Clark says that our capital has the geographical, economic and social conditions that made the Venetian city-state of the 14th century — but all this is vulnerable
When Tony Blair secured the agreement of the Scots and — only just — the Welsh for devolution in the referendums of 1998, it was supposed to herald a great revival of the regions. Britain was to be reborn as a kind of West Germany, whose constitution included a reference to ironing out the economic disparities between Hamburg and Munich, Frankfurt and Hanover. Instead, the opposite seems to have occurred. The concept of elected English regional assemblies has been quietly forgotten since rejection in the North East, and wealth and power have been concentrated increasingly in London — to the point where the average Londoner now earns £37,323 per year, 53 per cent more than average British earnings. Indeed, the part of England that now seems most inclined towards independence is the capital itself.
Intriguingly, the notion that London could hack it as a city-state has been entertained at both ends of the political spectrum. For economic liberals independence is a way of freeing London from the burden of its
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