London's Economy

Reinventing London’s Economy

In the last three decades London has transformed its economy from one in which manufacturing was a key sector to one where business and finance now forms one of its cornerstones.

In 1971 a quarter of the city’s workforce was employed in the manufacturing sector. Today 1 out of 5 people working in London are employed in the business and financial services sector. It is anticipated that by 2026 only 133 000 will still be employed in manufacturing.

Source | London Development Agency, Tate Modern Global Cities, TGI, ONS, FT.com, nVision