London — warmer and cheaper

January 29, 2009

London is cheaper and warmer, at least compared with Davos, says London Mayor Boris Johnson.

“The fall in the pound is of huge value to London’s exports and all sterling-denominated assets. We’re seeing a very impressive effect here. We take advantage of the upside and the upside is that the pound is competitive,” Johnson told Reuters.

“And everybody in Davos, once they finish this massive negotiation of egos, this complete vanity, should come to London. It’s considerably cheaper and considerably warmer.”


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Very compact Boris! You have succinctly dismissed economic deflation in London and demanded ego deflation in Davos. Many will hate the precision with which you yield your disembowelling knife but, for heaven’s sake, keep up the good work.

Posted by John Lamble | Report as abusive

Davos 2009 Conference Shows The World At An Economic Crossroads……  /davos-2009-conference-shows-world-at.h tml

Posted by Anonymous | Report as abusive

What a refreshing change from the creepy Livingstone.

Posted by Peter | Report as abusive

And the snow’s just as good too

Posted by Jonathan Lynn | Report as abusive