Living in London is a dream comes true for many. For these people, it is a city where
everything is possible. For many it is the beginning of a dream.
London has seldom disappointed one who has lived there. It has a rich treasure of history, culture, education,
natural beauty, modern amenities and employment opportunities. It imparts a sense of pride into its citizens. The
reasons are many, and significant ones too.
London is the cradle of the largest urban economy of Europe. It rubs shoulders with Tokyo and New York in being a
significant powerhouse of the world. The multicultural population of London is one of its greatest advantages, and
thus attracts all leading global businesses. The predominant use of English law and language also gives it an edge
over competing economic powers.
Employment in London
The British economy is presently in a vibrant state as it boasts of an annual growth rate of 2%. That London
contributes significantly to this success story goes without saying. The employed population of the city is almost
3.5 million. Moreover, the wages this workforce enjoys are almost 20% more than what is enjoyed by the rest of the
country. Thus, more and more people are attracted to London and they seldom have complaints about their pay
packets. Manual labour has an average salary of £20,000, while urban white-collar jobs offer attractive six-figure
salaries. The greatest drawbacks of the people staying and earning in London are the exorbitant costs of living and
housing. Rental costs and housing expenses in London are almost double of what they are anywhere else in the
country. But the problem is tackled by many by putting up at the fringes of the capital and traveling everyday.
Major industries in London
Finance happens to be the lifeline of London's industries. It is the largest of all the industries London has. The
city boasts of being the base of more than fifty of the top hundred companies of UK, and more than hundred of the
top five hundred companies of Europe. The newly developed Canary Wharf houses the global headquarters of esteemed
companies like Barclays, HSBC and Reuters and hence functions as the secondary financial center.
Apart from finance, an industry which is growing big and fast in London, is the creative sector. Compared to other
countries, the growth of the creative industry has been significant. It employs more than 4,000,000 workers and has
an annual turnover of more than £14 billion.
Educational opportunities in London
London provides excellent educational opportunities to deserving candidates. Esteemed universities like the
University of London, London Metropolitan University, University of Westminster, Royal College of Art and
prestigious colleges like King's College London, Imperial College London and London School of Economics and
Political Science attract students from all over the world. London residents can get the best of education, as a
degree from any of these institutions is considered priceless.
Leisure spots in London
London has many beautiful places that can delight a tourist. There are lots of Hotels and places to stay in London
too. But the best thing about London is that people living there for decades also never stop being tourists there
because of the attractive and interesting spots that never seem to get old. The Tower of London, Trafalgar Square,
Big Ben, the museums, the palaces, the churches and the parks never cease to attract the veteran
visitors.
Openroads is a great source for tourists or visitors looking for Hotels in London, offering a fine selection of places to stay in London for
budgets of all types.
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