Uncreative destruction

But it’s something else living in a working neighbourhood, which in normal times flails along with its collective head just above the water, being gradually and through the systematic application of government policy suffering a kind of collective punishment; and the organic commerce which had evolved to serve it beginning to go down with it. The top end of Cheetham Hill Road was always low-margin. Shops would come and go, but there always seemed to be somebody else ready to have a try. These days it’s looking more than a bit gap toothed. It’s an odd feeling watching economic repression imposed around you; like living in the middle of a crime in progress.

Jamie on the consequences in his own neighbourhood of the ConDems’ economic policies.

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