London As A Business Centre
Companies from all over the world are constantly trying to establish themselves in Europe and need a base that allows for a seamless expansion of their business. Companies from the UK and overseas will be offered the opportunity to expand and lease their office space with a minimum of effort. This is true not only of startups looking to consolidate their presence in the British capital, but also of companies following global leaders such as Google and Facebook in making London their European home. Using an international and well-educated talent pool with easy access to the rest of Europe, these companies have an ideal opportunity to follow in the footsteps of companies such as Google, Facebook and Microsoft, which have made the London company their "European home." [Sources: 2, 7]
To meet the growing demand and needs of businesses, the Government of London has launched a business initiative for Greater London and Londoners: London as an economic centre. The ELSBC aims to increase the number of business centres in Greater London, in particular for start-ups and small businesses. There are a wide range of local services Londoners can use, such as enterprise centres where low-cost jobs can be claimed, and access to a wide range of services and services for entrepreneurs and entrepreneurs from around the world. With its mission to be the largest business hub of its kind in Europe and the UK, it is an important step in London's transformation into a global hub for business. [Sources: 1, 3, 5]
With 95 per cent of buildings being provided with superfast broadband by 2017, organisations in London will benefit from infrastructure equivalent to that of every other nation on the planet. London is easier to provide personal services than other parts of the world, such as health, education, health and education. [Sources: 1, 2]
The success of this strong position in the UK is the result of a combination of good infrastructure, good governance and a strong business environment. [Sources: 5]
Businesses benefit from trading within EU rules and live and work in one of the world's largest cities. London is a place where you can hire upstarts and skilled professionals who want to prove themselves and grow their business. It is also good to know that the business environment in London is based on good infrastructure, good governance and a strong corporate culture, making it the perfect place to take your growing business to the next level. Moreover, London offers a lot of opportunities for new and existing companies, as well as new entrants, compared to the rest of the world. [Sources: 1, 2, 5]
It also helps that the London time zone overlaps with other major cities such as New York, Chicago, Los Angeles, San Francisco and Tokyo, to name a few. [Sources: 1]
The London time zone means that the city's business hours overlap with those in the Middle East, America and Asia, which definitely puts it in a good position in terms of trade. The ideal time zones make London a trading centre for the world's largest and most developed economies, with its economic and trading centres in Europe, North America, Asia and Africa. [Sources: 4, 5]
There has never been a better time to settle in the capital, and London and the UK as a whole offer investors the opportunity to participate in one of the world's largest and most dynamic financial markets. This financial support, coupled with thriving technology markets and infrastructure improvements, makes London a great place to invest and grow, especially for small and medium-sized businesses. London's (and thus Britain's) growth is driven by modest start-ups, and there is no doubt that London is the ideal place to start a business, start a family, and live life in general. Together with growing investment in transport infrastructure, such as the introduction of Crossrail, which connects the City of London with the rest of Europe, the Middle East, Asia, Africa and North America, this makes London an ideal location for the development of new businesses and start-ups. [Sources: 2, 5]
The technology sector alone has grown twenty-fold since 2010 and continues to accelerate, and the business environment in London makes London the global digital capital. In 2015, 205,352 new businesses were registered in London, bringing the total number of businesses in the capital to 1.1 million. [Sources: 1, 2]
A quarter of a million people in London are employed in the digital sector, and 75% of Fortune 500 companies have offices in London. London is also home to the London Stock Exchange, Europe's largest stock exchange. More than half of the FTSE 100 (the world's 100 largest publicly traded companies) are headquartered in central London, and more than 70 of them are in its metropolitan region. Some of the highest paid roles are available working as an FD or CFO, agencies such as FD Capital Recruitment are a good option if you seek senior finance roles. The majority of London's new investment in digital technology companies in 2015 came from companies such as Google, Apple, Microsoft, Amazon, Facebook, Google Ventures and Microsoft. [Sources: 0, 2, 8]
Sources:
[0]: https://en.wikipedia.org/wiki/Economy_of_London
[1]: https://www.entrepreneur.com/article/320351
[2]: https://infinitysdc.net/why-london-is-the-business-capital-of-europe/
[3]: https://copie.fandom.com/wiki/East_London_Small_Business_Centre
[4]: https://citymonitor.ai/economy/business/how-did-london-come-be-world-s-greatest-financial-hub-2729
[5]: https://medium.com/@mahzeb/london-as-a-business-hub-5600a64fc3e1
[7]: https://blog.orega.com/blog/london/international-companies-eye-up-hammersmith
[8]: https://www.investopedia.com/articles/investing/091114/worlds-top-financial-cities.asp
