London 2062: The Future of the London Economy. Jurgen Essletzbichler Department of Geography UCL [email protected] Overview. What makes cities grow? What to do when confronted with uncertainty? London’s economy now Why growth is not enough?
Source: De Groot, H., Poot, J., Smit, M (2010) Cities and Growth: A Meta-Analysis
Source: ONS briefing note, BRES 2010: London
Source: ONS briefing note, BRES 2010: London uncertain future challenges
Employment trends, London uncertain future challengesFinance jobs
London as percent of UK
Percentage of total London emp.
Source: Nomis, ONS
Because of it’s economic structure, income inequality more pronounced in London
In addition: over 20% youth unemployment rate (especially among those without formal education)
Column Industry requires
>2% of total
Management consultancy, architecture services