Canary Wharf - UK economic hub; its significance to its region and to the UK Flashcards
1
Q
Where is the Canary Wharf located?
A
The Canary Wharf is a UK economic hub located in London, the capital of the UK consisting of 32 boroughs.
2
Q
2 Changes to the Canary Wharf:
A
- Introduction of the Jubilee line in 1999 connected Canary Wharf to the rest of London (good for work etc)
- Urban regeneration in 1981 allowed for the UK to stimulate economic growth by building new roads and the Docklands Light Railway (DLR).
3
Q
National and Regional importance of the Canary Wharf:
A
NATIONAL
- Supports 400k jobs in Toal across the UK
- One of the main financial centres of the UK, generates contributes to £565B generated by London a year.
REGIONAL
-120k jobs for people in London
- 19.7B itself, generates annually contributing to economy of London
