Economy
The northern-end of the borough opposite the City has proven attractive to major professional service firms. Most of these base themselves in the More London and London Bridge City developments. Notable businesses in the area include PriceWaterhouse Coopers, Norton Rose, Ernst & Young and Lawrence Graham.
The press and publishing industry is also well represented in Southwark; the Financial Times has its head office in Southwark Bridge Road, Express Group Newspapers are based in Blackfriars Road, IPC Magazines in Southwark Street, and the Evening Standard and Daily Mail at Surrey Quays. Campus Living Villages UK also has its head office in the borough.
Some of the old industrial and wharfside heritage remains at the now defunct Surrey Commercial Docks now Surrey Quays, including Greenland Dock and Baltic Quay, where major residential schemes were developed in the 1980s and 1990s. Near Tower Bridge old warehouses have been converted to new mixed uses at Butler's Wharf and Hay's Wharf. Similarly, further west, the Oxo Tower now hosts restaurants, shops and housing.
Southwark is the home to the Greater London Authority at City Hall.
Read more about this topic: London Borough Of Southwark
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)