Jobs in London, United Kingdom
Greater London is co-terminus with the London region. It is comprised of 32 boroughs, including the City of Westminster (the monarch’s residence and the seat of government), plus the City of London, the financial district at the heart of the city which has a distinct governance structure. Central London has no administrative status but since 2011 it has been recognized as a sub-region of Greater London, incorporating the boroughs of Camden, Islington, Kensington and Chelsea, Lambeth, Southwark and Westminster plus the City of London. Inner London is comprised of the six boroughs belonging to Central London, plus the boroughs of Greenwich, Hackney, Hammersmith, Lewisham, Tower Hamlets and Wandsworth.
Central London is the national hub for industrial, commercial, financial, professional, political, educational, charitable and cultural activity, and employs a large number of professionals with specialised skills. Many of the city’s best-known attractions are located there. During the daytime working hours, the population of Central London nearly doubles (from 1.5 to 2.8 million) and the population of the boroughs in the surrounding commuter belt declines by a corresponding number. Thanks to a major clean-up effort following the Great Smog of 1952 London’s air is now clean. Nevertheless the city is still affectionately called “The Old Smoke” in memory of the pea-soup fogs of earlier coal-burning times.
Business Insider tips on living in London
Well-known cultural attractions include over 200 venues for musical performance, 170 museums, 250 festivals, 857 art galleries, 796 cinema screens, 38 West End theatres and around 120 theatres outside the West End. Nearly half the territory of greater London is comprised of parks, green spaces, secret gardens and urban farms, which are either free, or cost only a modest amount to enter. A number of museums, galleries and city sights are also free. Many other cool things to do regularly are more hidden. Heavy drinking is a popular weekend activity for locals, but this is not the only choice. Gym memberships in London are expensive but fun exercise classes at reasonable prices can be found almost anywhere in the city, and a wide variety of interest groups and associations welcome new members at any time. Neighbourhoods with ethnic eateries and shops are inexpensive and popular. City guides and recommendations of friends are the best ways to find out about such options.
Both overground and underground transport systems are efficient, but to avoid the crowds, insiders recommend commuting by bus rather than by tube, staying away from popular tourist attractions and being prepared to walk when making connections or to reach out-of-the-way destinations. It is possible to move relatively easily throughout Greater London, but it takes time, rarely less than an hour, and often more. In a large and crowded city such as London, petty crime cannot be avoided, so insiders take precautions and expect some losses. Within Inner London, the most affordable rents are located in the east and southeast and the most expensive in the west, southwest and east central districts. Location in relation to public transport is an important factor in making a choice. London is drier and warmer than the rest of the country, and enjoys generally pleasant weather.
London Facts and Figures
Diversity (Percent of population born outside the UK)
- 84% in 2001 and 34.01% in 2011, compared to national averages of 8.04% in 2001 and 12.26% in 2011
Structure of the Economy
- Private sector jobs as share of total jobs in 2015: 78.22% compared to 62 cities’ average of 73.51%. Of which, Knowledge-intensive business services 23.45% (Rank 2 of 62), Other services 46.73% (Rank 9 of 62), Manufacturing 2.48% (Rank 60 of 62)
- Gini coefficient of inequality in 2013: 0.44 (Rank 3 of 58)
Economic Performance in 2015
- Business innovation (net new start-ups as percent of total number of businesses) : 8.73 (Rank 5 of 63)
- Employment rate: 73.7% of working age population (Rank 34 of 63)
- Gross value added (GVA) per worker: £73,590 (Rank 1 of 62)
2017 Cost of Living Index for London compared to reference city (Prague): 226 compared to 100
Climate (30-year averages): 109 rainy days and 557 mm of rainfall per year; average temperature range from 7.8 C to 15.3 C
Based on comparable data on diversity and the economy compiled by Centre for Cities for the 63 largest cities and towns in the UK, cost of living data compiled by www.expatistan.com and climate data from UK Met Office.
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