London, the sector of success

london the sector of success

Canary Wharf, London.

The city of London, the undisputed capital of the UK, is undoubtedly the essence of the melting-pot in Europe, altogether, inside different ethnicities, religions and cultures from all continents.

The thick and constant presence of foreign entrepreneurs has been without doubt the best provision for dissemination in the UK a number of successful entrepreneurial sectors.

Some undoubtedly related to the habits and traditions introduced by the many immigrants as the “Beautiful Country” in the last 60 years.

The request of foreign manufacturing excellence has ensured positive results not only in the luxury goods and automotive industry, but also in clothing sectors, the food and furniture production (commonly known as F’s: Fashion, Food and Furniture) thanks to a request for cash-based development not only on the perception of the brand, but most of the product recognition, that would make the British market one of the most ripe for foreign production.

The city of London in the recent years has confirmed its European leadership in two main areas for future international economic development, the financial sector and the high-tech industry and software development.

Unanimously recognized as the world capital of finance as early as 2014, the financial industry of the City has taken an important advantage of the economic environment, the quality of the workforce, the development of infrastructure and technology sector and compelling tax incentives proposed by the British Government, confirming that status last two years.

The presence in the city of all main decision-makers of the world of finance, by lenders for investment funds to the famous London Stock Exchange, is yet another confirmation of this trend.

Human resources available in the territory and the numerous incentives designed to encourage development of the sector proposed by the local government has made possible the development, in the last decade, of Shoreditch London pole quarter.

Shoreditch London pole quarter is situated on the edge of the City that is now the main competitor of the Silicon Valley in California due to the presence of the world’s leading software companies and the presence of over 35 thousand start-ups operating in the sector.

The presence of major financial institutions, Investment funds and numerous innovative start-ups has certainly facilitated a new business trend, commonly known as fin-tech.

Industry indeed born of a fusion between the world of financial services and the world of high-tech services in charge of the search for solutions, innovative tools and applications applicable to banking and financial services that facilitate the use of such services by a number of users.

Currently, with nearly 3 billion global investment in financial technology initiatives and a registered industry rapidly growing in the last five years, the fin-tech is at the same time one of the most interesting challenges and profitable that the City of London is about to embark.

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