London, hot spot of the world
Article Abstract:
London, England, has seen a slowdown in the migration of businesses to other parts of the UK, and companies are taking up new location strategies. Some are using new buildings in the center of the city to consolidate operations and others are using sites such as Docklands which are cheaper. Companies are also using prestige buildings for small headquarters with other parts of the company elsewhere. Older office stock is being converted and used as residential real estate which has led to some tightness in the market for office space.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Business locations: on the move...but not too far
Article Abstract:
Business relocation has become less common in the UK in the 1990s compared with the end of the 1980s. Cost pressures to relocate out of London, England, have eased. Relocation tends to involve shorter distances, often outside towns. Inward investment is aided by relaxed labor laws, and Asian companies often prefer the north east of England because it has already attracted many Asian firms. The Commission for New Towns has a land bank with 17,000 acres, and has reported several large agreements in 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Business locations: another record-breaking year
Article Abstract:
Wales and Scotland have proved well able to attract inward investment to the UK, while marketing is more fragmented in England and carried out by local government. English Partnerships, geared to urban renewal, is also seeking to promote inward investment. European Union (EU) funds are available for the UK and the UK government has not asked for as much as it could. This is partly because the government does not want to appear to have very close links with the EU.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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