The Telegraph:
The Blitz added #4.5 billion to London?s annual economy, say experts
6 August 2018
Yet a new study from the Centre for Economic Performance (CEP), at the London School of Economics (LSE), suggests that the capital is £4.5 billion a year better off because of the raids.
Dr Hans Koster and Dr Gerard Dericks have discovered that in areas where buildings were destroyed planning laws were relaxed which allowed the construction of larger and larger buildings, and in turn brought in higher rates.