Key business areas of London

Key business areas of London

Certainly one of the most influential cities in the world, London attracts more than 8 million people into its borders each and every single day, all of them looking for ways to add to the local and global economy and to create the financial future that they themselves have always dreamed of.

A significant portion of this major global city dedicates itself to finance, business, and investing – but there are different areas and different neighbourhoods of London that dedicate themselves more to the practice of commerce than anything else. Here are some of the key business areas in London that you want to look for if you’re thinking about setting up shop or looking for a career in the business world.

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Square Mile

The Square Mile region of London is home to the Bank of England, the Royal Exchange, and the Mansion House, as well as a whole host of other incredibly famous buildings throughout the city of London. The Bank of England was established in the 17th century and today is responsible for printing and issuing the currency of the UK, as well as acting as the beating heart of the city’s financial centre.

Canary Wharf

At one point in time one of the busiest stretches of waterfront in the entire world, the Canary Wharf district was established in 1802 but fell into disrepair after World War II. In 1982, however, the entire area was redeveloped from the ground up and is today home to a bustling business community that is one of the most influential in the world. Luxury high rises sit shoulder to shoulder with major banks and financial institutions, and there are plenty of corporate offices and shopping centres located throughout this neighbourhood as well.

London Bridge

The London Bridge community in London is being redeveloped as we speak, with investors in this area hoping to bring close to 30,000 new jobs into the region between 2017 and 2026. Businesses are popping up left and right in this community – many of them relatively small, but midsize and major companies are gobbling up land rather quickly here as well – and it’s likely that this becomes the next “big thing” in the business community of London.

At the end of the day, there are plenty of different regions to establish your new company or forge your career when you come to London. One of the most international and metropolitan of all the cities of the world, London remains attached to the heartbeat of the global economy and likely will remain so forever.

 

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