Economy
The northern-end of the borough opposite the City has proven attractive to major professional service firms. Most of these base themselves in the More London and London Bridge City developments. Notable businesses in the area include PriceWaterhouse Coopers, Norton Rose, Ernst & Young and Lawrence Graham.
The press and publishing industry is also well represented in Southwark; the Financial Times has its head office in Southwark Bridge Road, Express Group Newspapers are based in Blackfriars Road, IPC Magazines in Southwark Street, and the Evening Standard and Daily Mail at Surrey Quays. Campus Living Villages UK also has its head office in the borough.
Some of the old industrial and wharfside heritage remains at the now defunct Surrey Commercial Docks now Surrey Quays, including Greenland Dock and Baltic Quay, where major residential schemes were developed in the 1980s and 1990s. Near Tower Bridge old warehouses have been converted to new mixed uses at Butler's Wharf and Hay's Wharf. Similarly, further west, the Oxo Tower now hosts restaurants, shops and housing.
Southwark is the home to the Greater London Authority at City Hall.
Read more about this topic: London Borough Of Southwark
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)