Gordon Brown Adviser Says 'City' All-important - and 'Rest of the Country Can be Turned Over to Tourism'

A report on defence spending quotes the “influential” official as telling union officials that manufacturing had “no value” but the financial sector had to be “supported at all costs”.

“Only high-quality professional services, financial services and the City of London have any real value and they should be supported at all costs. The rest of the country can be turned over to tourism.”

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