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:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)