GENERATING £45 BILLION IN ECONOMIC OUTPUT*, THE CITY OF LONDON IS A GLOBAL COMMERCIAL HUB.
Canary Wharf. 9mins from Tower Gateway Station.
The City of London’s standing as one of the world’s key business centres is without question. With its concentration of renowned financial and professional services firms, it has attracted one of the world’s brightest and most highly skilled workforces.
Over the next decade it’s predicted that it will maintain the growth trajectory it’s currently enjoying. In 2014, it was estimated that The City of London employed some 396,800 people. By 2025 this figure is expected to rise to 435,700. An increase that makes up almost 27 per cent of the 145,000 new jobs that Central London will enjoy in the same time period, underlining the significance of The Square Mile. Most importantly, this rise in employment is projected to support The City in delivering an additional £16 billion in output* by 2025.
The City isn’t London’s only commercial powerhouse however. Canary Wharf, while not on your doorstep like The Square Mile, is readily accessible and has played a key role in maintaining London’s enviable reputation for business. Offering 97 acres of London’s, and the world’s, most sought after office and retail space, it provides employment to over 112,000 people at international brands such as Barclays, Citigroup, Clifford Chance, Morgan Stanley and Thomson Reuters.
*As measured by Gross Value Added All figures taken from The Future of The City of London’s Economy, a research periodical published by The City of London Corporation, June 2015.
The heart of the city. Just 5mins from The Ordnance Building.
The City is anticipated to deliver an additional £16 billion in output* by 2025.