City of Westminster - Economy

Economy

The City of Westminster is home to a large number of companies. Many leading global corporations have chosen to locate their global or European headquarters in the City of Westminster. Mayfair and St. James's within the City of Westminster also have a large concentration of hedge fund and private equity funds. The West End is known as the Theatre District and is home to many of the leading performing arts businesses. Soho and its adjoining areas house a concentration of media and creative companies. Oxford Street is one of the leading shopping destinations in the world. The list of companies includes

  • BAE Systems has its head office in Westminster
  • BBC has its head office in the Broadcasting House
  • BP has its global headquarters in St. James's, Westminster.
  • Houlihan Lokey, the international investment bank, has its London offices at 83 Pall Mall, London, Westminster.
  • Pearson PLC and subsidiary Penguin Group: headquartered in a facility in Westminster.
  • Rio Tinto Group, a multinational Australian-British company, has its UK head office in Westminster.
  • Economist Group, publisher of The Economist and other materials, is headquartered in Westminster.
  • Kingfisher plc has its head office in Paddington, Westminster
  • SABMiller has its head office in Westminster.
  • British American Tobacco has its head office in the Globe House in the City of Westminster.
  • Marks & Spencer has its head office in the Waterside House.
  • Swire Group has its head office in the Swire House
  • Pret a Manger has its head office in Westminster.
  • Rolls-Royce Group has its head office in Westminster.
  • Global Infrastructure Partners has an office in Westminster.
  • EasyGroup has its head office in Mayfair, City of Westminster.
  • Gulf Oil International has its head office in the city.
  • AstraZeneca has its head office in Westminster.
  • Informa has its London office, including its Investor Relations and Media Centre departments, in the Informa House
  • Petrofac possesses an office on Jermyn Street, near Oxford Circus.
  • Northrop Grumman has its UK offices in Clareville House.
  • Korean Air has its European head office in the City of Westminster.
  • Iraqi Airways has its London sales office in the IKB House in City of Westminster.

The Hong Kong Economic and Trade Office, London is located in Westminster.

Companies that previously had their head offices in the City of Westminster include British Aircraft Corporation, British Midland (Portland House), British United Airways, British Mediterranean Airways, Cadbury, Diageo, BAA Limited, Lloyd International Airways, and P&O Princess Cruises. In addition, Iran Air previously had its Picadilly main sales office in the city.

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Famous quotes containing the word economy:

    “The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
    —Ralph Waldo Emerson (1803–1882)

    “Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
    —Friedrich Nietzsche (1844–1900)

    “Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
    —Ralph Waldo Emerson (1803–1882)