greater london report – london business school bsr
DESCRIPTION
Samuel Johnson once said “By seeing London, I have seen as much of life as the world can show.” Numbers and figures revealing this city’s rich history, including stats on the Underground, numbers from London’s fire in 1666, the London Stock Exchange, London’s workforce and more.TRANSCRIPT
Greater London ReportNumbers are the fuel which drives the London
economy. They also shed light on the city’shistory and dynamically cosmopolitan present.
© Copyright 2012 London Business School
BUSINESS STRATEGY REVIEW 1
METRO MEN AND WOMEN
The 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
7,865,404
BUSINESS STRATEGY REVIEW 2
NEWT BEGINNINGS
Olympic 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
500,000
BUSINESS STRATEGY REVIEW 3
TUBULAR SWELLS
London Underground, aka the Tube, carries over one billionpassengers a year and services 270 stations along its travels.It was the world’s first underground transit system when itsfirst station opened on 10 January 1863. Waterloo station hasthe most commuters with 82 million people passing througheach year.
tfl.gov.uk
1.1billion
BUSINESS STRATEGY REVIEW 4
BIG BEN
Big Ben is the nickname of a bell that rings in the clocktower at the northern end of the Houses of Parliament inWestminster.
wikipedia.org
BUSINESS STRATEGY REVIEW 5
OLYMPIC RECORD
London’s newly constructed Olympic Stadium extends 60 metreshigh above the playing field and has a perimeter of 860 metres.
mirror.co.uk
860metres
BUSINESS STRATEGY REVIEW 6
“By seeing London, I have seen as muchof life as the world can show.”
Samuel Johnson
BUSINESS STRATEGY REVIEW 7
LONDON’S BURNING
In 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.com
1666
BUSINESS STRATEGY REVIEW 8
CITY FIGURES
17% of the UK’s total GDP comes from London. This isroughly equal to the GDP of Sweden, Belgium or Russia. TheLondon Stock Exchange is also the largest exchange in theworld, responsible for 32% of the world’s transactions.
usatoday.com
BUSINESS STRATEGY REVIEW 9
STOCK CONTROL
As of September 2011, there were around 2,900 companieslisted on the London Stock Exchange for a total of £2.3trillion. There were also approximately 12 million tradesduring that month equal to £167 billion.
money-zine.com
£167billion
BUSINESS STRATEGY REVIEW 10
WORKERS OF THE WORLD
The 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.com
13,000
BUSINESS STRATEGY REVIEW 11
IN AND OUTS
It is estimated that 1.3 million people move in and out ofthe city of London annually.
londoncouncils.gov.uk
1.3billion
BUSINESS STRATEGY REVIEW 12
THE RED TELEPHONE BOX
Of the over 15,000 red kiosk pay phones, based on thedesigns by Sir Giles Gilbert Scott, that are currently deployedthroughout the United Kingdom, 946 are in London.
bt.com
BUSINESS STRATEGY REVIEW 13
“London is a modern Babylon.”
Benjamin Disraeli
BUSINESS STRATEGY REVIEW 14
AT YOUR SERVICE
85% of employed greater Londoners have jobs in the serviceindustries. As well as being home to Europe's greatest financialservices cluster, London is also a media hub – home to the BBC,newspapers and magazines, as well as a host of productioncompanies.
wikipedia.org
85%
BUSINESS STRATEGY REVIEW 15
RETAIL
In 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.tel
300
BUSINESS STRATEGY REVIEW 16
BIRTH
Founded in AD 50, London is unusual in that while mostRoman towns were built over previous sites, it wascreated from scratch.
archaeology.co.uk
AD50
BUSINESS STRATEGY REVIEW 17
This report was part of Business Strategy Review,Volume 23 Issue 2 - 2012
Visit the website www.london.edu/bsr