Greater London Report – London Business School BSR

METRO MEN AND WOMEN 7,865,404The population of London is, as we write, 7,865,404. The city coverssome 1,583 sq. km. or 611 sq. miles. London is the largest city inWestern Europe.trueknowledge.com BUSINESS STRATEGY REVIEW 1

NEWT BEGINNINGS 500,000Olympic Park, an area of land the size of 357 football pitches, wasconverted from an industrial area into a top environmentalshowcase for the Olympics, and it will remain after the Games areover. It is estimated that 500,000 plants have been planted in thewetlands area and 4,000 newts were relocated to the WaterworksNature Preserve.london2012.com BUSINESS STRATEGY REVIEW 2

TUBULAR SWELLS 1.1 billion London Underground, aka the Tube, carries over one billion passengers a year and services 270 stations along its travels. It was the world’s first underground transit system when its first station opened on 10 January 1863. Waterloo station has the most commuters with 82 million people passing through each year. tfl.gov.ukBUSINESS STRATEGY REVIEW 3

BIG BEN Big Ben is the nickname of a bell that rings in the clock tower at the northern end of the Houses of Parliament in Westminster. wikipedia.orgBUSINESS STRATEGY REVIEW 4

OLYMPIC RECORD 860 metresLondon’s newly constructed Olympic Stadium extends 60 metreshigh above the playing field and has a perimeter of 860 metres.mirror.co.uk BUSINESS STRATEGY REVIEW 5

“By seeing London, I have seen as much of life as the world can show.” Samuel JohnsonBUSINESS STRATEGY REVIEW 6

LONDON’S BURNING 1666In 1666, half of London was burned down in the Great Fire, with70,000 of the 80,000 homes of the lower-class populace beingdestroyed; however, only six people were recorded injured.Despite protests, London reconstruction used almost the exactsame street plan as before the Great Fire.goldentours.comBUSINESS STRATEGY REVIEW 7

CITY FIGURES 17% of the UK’s total GDP comes from London. This is roughly equal to the GDP of Sweden, Belgium or Russia. The London Stock Exchange is also the largest exchange in the world, responsible for 32% of the world’s transactions. usatoday.comBUSINESS STRATEGY REVIEW 8

STOCK CONTROL £167 billion As of September 2011, there were around 2,900 companies listed on the London Stock Exchange for a total of £2.3 trillion. There were also approximately 12 million trades during that month equal to £167 billion. money-zine.comBUSINESS STRATEGY REVIEW 9

WORKERS OF THE WORLD 13,000The workforce in London, at around 9 million people, is thelargest concentration of labour in Europe. London has closeto 13,000 businesses operating in the City.money-zine.comBUSINESS STRATEGY REVIEW 10

IN AND OUTS 1.3 billion It is estimated that 1.3 million people move in and out of the city of London annually. londoncouncils.gov.ukBUSINESS STRATEGY REVIEW 11

THE RED TELEPHONE BOX Of the over 15,000 red kiosk pay phones, based on the designs by Sir Giles Gilbert Scott, that are currently deployed throughout the United Kingdom, 946 are in London. bt.comBUSINESS STRATEGY REVIEW 12

“London is a modern Babylon.” Benjamin DisraeliBUSINESS STRATEGY REVIEW 13

AT YOUR SERVICE 85 %85% of employed greater Londoners have jobs in the serviceindustries. As well as being home to Europes greatest financialservices cluster, London is also a media hub – home to the BBC,newspapers and magazines, as well as a host of productioncompanies.wikipedia.orgBUSINESS STRATEGY REVIEW 14

RETAIL 300In 2011 London was named the best European city for shoppingby the Globe Shopper City Index, and Oxford Street is the busiestshopping street in Europe. As of 2011, Oxford Street contained300 shops and stores. A number of department stores considertheir home or ‘flagship’ stores to be at this location, includingSelfridges, Marks & Spencer and Debenhams.oxfordstreet.telBUSINESS STRATEGY REVIEW 15

BIRTH AD50 Founded in AD 50, London is unusual in that while most Roman towns were built over previous sites, it was created from scratch. archaeology.co.ukBUSINESS STRATEGY REVIEW 16

This report was part of Business Strategy Review,Volume 23 Issue 2 - 2012Visit the website www.london.edu/bsr BUSINESS STRATEGY REVIEW 17

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Greater London Report – London Business School BSR

by London Business School on Sep 20, 2012

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