3.2 London Flashcards
Why is London a World City?
- Attracts immigrants globally
- 20% of UK income
- 900,000 private sector businesses
- Makes £500bn a year
- Port and Thames gateway
- Massive market of 17m
- Agglomeration of business
- Near to finance, lawyers, state, etc. Attracts talented workers
- 800k commuters a day
- Quaternary sector with high EofS
- Home to banks, offices and tech
- High political influence with parliament important to the world
- Theatres, museums, galleries, ethnicities
- 4 Airports, Eurotunnel - St Pancras with millions passing through, tubes and Thames gateway
- Culture - <45% white British, Olympic games, many culturally diverse restaurants, 300 languages spoken
What happened at Stratford
Abandoned industrial sites, low quality schooling, wastelands, unemployment and poverty, lower incomes, following dockland decline jobs lost
Regeneration: new academy built, 30k new homes, infrastructure created - created jobs
-olympic park increased tourism
What happened at Battersea
Power station decommissioned but since iconic it was renovated
Apartments built housing 10000 people as well as cafes, shops and restaurants. Cinema and power station park as well as riverside development. Electric boulevard made
What happened at the docklands?
Processing from abroad, area not used, Cranes used, boats became bigger and couldn’t fit, hand unloading no longer needed, BRICS and Asian growth reduced manufacturing, 12k jobs lost, 60% of men in London unemployed
Docklands was a large port with houses, flats and jobs sending container ships downstream. It needed regeneration as it could not hold modern container ships, creating high unemployment and encourage investment. There was poor housing, derelict land, contaminated land, and poor transport.
Canary Wharf was made, HSNC and O2 built, transport links made, 200k trees planted, £100m invested. Area was turned into an enterprise zone with high value residency and commercial and industrial projects. It now has 80000 residents with enterprise commercial districts, industry, offices etc. Has private investors, banks, offices, British waterways, local authority.
