London is a beautiful city located in a South East of Great Britain. Its fancy streets, parks, and business centers annually attract thousands of tourists and investors which makes London one of the top cities in the world for launching and development of business ideas. With a population of over eight million people, it still continues to impress the world with its constant economic rise. As a matter of fact, according to the statement of Forbes Magazine, London was named the most influential city in the world, overcoming even such giants as New York and Paris. It is no wonder that London also remains a vibrant center of fashion, art, education, law, and IT-technologies.
London is a financial heart of Great Britain and a major trade and business center. It has always been the seat of most influential multinational financial organizations, such as Bank of England, London Stock Exchange, Barclays, London Bullion Market, and others. In addition to banking activities and insurance, the city also prospers as a center for foreign exchange and bond trades. According to statistics, there are over three hundred languages spoken in London which proves that the city is very attractive for foreigners.
It is no wonder why thousands of people dream to launch or extend their business in London – the city is very welcoming and has a wide range of opportunities for renting an office. London offers over three million square foot of office space, most of them are located in the main business districts. First of top business districts is Square Mile or the City - a hub of London financial industry, where most powerful insurance, financial, and legal organizations are centered. A great place to rent an office in London and to work in a center of the most significant business events. Another major district for banking, media and legal companies is Canary Wharf, which is a home to some major banks such as HSBC, Bank of America and Morgan Stanley. Canary Wharf is considered to be London`s fastest growing business district.
Other important London district is the West End, which is not only a tourist destination, but also a great place for business locations. This district is well known as a heart of cultural London, where museums, concert halls, and theaters are located. Real estate companies, private banking firms, and government organizations center in Westminster business district, which is a part of West End, considering that most iconic London landmarks such as Westminster Abbey, Westminster Cathedral and Buckingham Palace are located here, which assures an enormous stream of tourists and visitors every day.
Many of UK and multinational companies, including BP, Royal Dutch Shell, Unilever, Corus Group, SABMiller, Cadbury Schweppes, and others have their central offices in London. The headquarters of more than 100 of the top 500 largest European companies are located in the British capital. It may be explained by the fact that London offers favorable conditions for renting offices, and the commercial property market is pretty wide. To rent an office in London means to assure a stable a continuous development of one's business.