Dr Andrew Calcutt - London After Recession: A Fictitious Capital?

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LONDON AFTER RECESSION

London After Recession

A Fictitious Capital?

Edited by

GAVIN POYNTER, IAIN MACRURY AND ANDREW CALCUTT
University of East London, UK

First published 2012 by Ashgate Publishing

Published 2016 by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
711 Third Avenue, New York, NY 10017, USA

Routledge is an imprint of the Taylor & Francis Group, an informa business

Copyright 2012 Gavin Poynter, Iain MacRury and Andrew Calcutt.

Gavin Poynter, Iain MacRury and Andrew Calcutt has asserted their right under the Copyright, Designs and Patents Act, 1988, to be identified as the editors of this work.

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Notice:
Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

British Library Cataloguing in Publication Data
London after recession : a fictitious capital?. -- (Design

and the built environment series)
1. London (England)--Economic conditions--21st century.
2. London (England)--Social conditions--21st century.
3. Global financial Crisis, 2008-2009.
I. Series II. Poynter, Gavin, 1949- III. MacRury, Iain.
IV. Calcutt, Andrew.
942.1'08612-dc23

Library of Congress Cataloging-in-Publication Data
Poynter, Gavin, 1949-

London after recession : a fictitious capital? / by Gavin Poynter, Iain
MacRury, and Andrew Calcutt.

p. cm. -- (Design and the built environment)

Includes bibliographical references and index.

ISBN 978-1-4094-3102-2 (hardback) -- ISBN 978-1-4094-3103-9 (ebook)

1. London (England)--Economic conditions--21st century. 2. London
(England)--Social conditions--21st century. 3. Global Financial Crisis,
2008-2009. I. MacRury, Iain. II. Calcutt, Andrew. III. Title.

HC258.L6P69 2012

330.9421--dc23

2012007224

ISBN 978-1-409-43102-2 (hbk)
ISBN 978-1-315-59290-9 (ebk)

Contents

Gavin Poynter

Gavin Poynter

Sean Collins

Alan Hudson

Andrew Calcutt

Richard Sharpe

Richard Sharpe

Daniel Ben-Ami

Iain Macrury

Andrew Calcutt

Alvaro de Miranda

James Woudhuysen

Maxine Newlands

Andrew Blake

Graham Barnfield

Alastair Donald

Gavin Poynter

Penny Bernstock and Gavin Poynter

Justine Cawley

Karina Berzins

Michael Rustin

Gavin Poynter and Michael Rustin

List of Figures

List of Tables

List of Contributors

The Editors

Gavin Poynter is Professor of Social Sciences, University of East London and a member of the London East Research Institute management board.

Andrew Calcutt is Principal Lecturer in Journalism at the University of East London, editor of Rising East and Chair of London East Research Institute.

Iain MacRury is Associate Dean, School of Arts and Digital Industries and Director of London East Research Institute.

Contributors

Graham Barnfield is Senior Lecturer in Journalism, University of East London and a member of the London East Research Institute management board.

Daniel Ben-Ami is a finance and economics journalist. His articles have been published widely including for Fund Strategy, The Australian and The Guardian. See http://danielbenami.com/.

Penny Bernstock is programme and field leader in Sociology at the University of East London and Vice-Chair, London East Research Institute.

Karina Berzins is a Research Fellow with Continuum, the Centre for Widening Participation, Policy Studies at the University of East London, and a Senior Research Fellow with London East Research Institute and a member of its management board.

Andrew Blake is Professor in Cultural Studies and a member of London East Research Institute management board.

Justine Cawley is a freelance health consultant, visiting fellow of London East Research Institute and also holds honorary appointments at London South Bank University and Buckingham New University.

Sean Collins writes about American economics and politics for Spiked and other publications. He is based in New York.

Alastair Donald is Associate Director of the Future Cities Project and an urban designer, researching mobility and space at the Martin Centre for Architectural and Urban Studies, University of Cambridge.

Alan Hudson is Director, Leadership Programmes for China, University of Oxford, Department for Continuing Education.

Alvaro de Miranda is Senior Research Fellow, London East Research Institute and member of its management board.

Maxine Newlands is Senior Lecturer in Journalism, University of East London, a member of London East Research Institute management board and of the editorial board of Rising East Essays.

Michael Rustin is Professor of Sociology at the University of East London, Visiting Professor Tavistock Clinic and a member of London East Research Institute management board.

Richard Sharpe is Lecturer in Journalism at the University of East London, a member of London East Research Institute management board and of the editorial board of Rising East Essays.

James Woudhuysen is Professor of Forecasting and Innovation, De Montfort University, Leicester.

List of Abbreviations

AIM	Alternative Investment Market
BoE	Bank of England
DCLG	Department of Communities and Local Government
DCMS	Department of Culture, Media and Sport
EiP	Eco-Industrial Park
ETS	Emissions Trading Scheme
EU ETS	European Union Emissions Trading Scheme
GATT	General Agreement on Tariffs and Trade
GLA	Greater London Authority
GP	General Practitioner
GVA	Gross Value Added
HBOS	Halifax, Bank of Scotland

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