London is world renowned for the Houses of Parliament, the iconic ‘Big Ben’ clock tower, Buckingham Palace, Westminster Abbey, and the more modern addition of the ‘London Eye’ which provides panoramic views of the entire city. There are five major business districts: the City, Westminster, Canary Wharf, Camden & Islington and Lambeth & Southwark.
As England’s capital and most populated city, it is one of the worlds’ leading financial centres and generates 20% of the UK’s GDP. London is an economic powerhouse with strengths in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism, and transport.
London is one of the world’s leading investment destinations, ranking first globally in software, multimedia development and design, and shares first position in technology readiness. Considered the global capital of higher education, London houses 43 universities and takes the top spot in world university rankings.
With a diverse range of people and cultures, it is estimated that 300 languages are spoken within Greater London.
The City of London is the highest-earning region, boasting an average salary of £34,658, almost 30% higher than the average UK salary (£27,531).
These increased salaries are necessary when looking at the average house prices: last year most property sales in London involved flats which sold for on average £472,783. Terraced properties sold for an average price of £612,175, while semi-detached properties fetched £597,955.
If you would like further advice on finding a job or filling a vacancy in London, don’t hesitate to get in touch with our experienced regional specialists: –