Business clusters are not a new idea. There has always been safety in numbers. Whether you want to exchange ideas with others in your business sector, poach their staff or simply keep an eye on a rival, people in the same line of work tend to stick together in the same localities.
But today, business clusters are not just happy accidents – in the UK they have become a key way of understanding the economy and of driving economic growth. According to analysts at McKinsey and the London-based think-tank the Centre for Cities, there are now 31 well-defined…
Greater London’s planning application hotspots
EG has picked out the top eight London postcodes that have seen increases in planning applications. The hotspots, located mainly across outer London, averaged just three… Read more »
Blockade means uncertainty for future of Qatari investment
There can be absolutely no doubt about the extent of Qatar’s heavy investment abroad in recent years. Since 2004 the gas-rich Gulf state has invested… Read more »
UK owners still dominate London office ownership
Cash from around the world has poured into the capital’s business districts in recent years, but domestic owners still rule the roost. Looking at office… Read more »