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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)