Tech City

Prime Locations for Office Space, Central London

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A dusk view of St Paul’s Cathedral from the middle of Millennium Bridge. Image at LondonOfficeSpace.com.

Selecting an office space in a prime Central London location is a strategic choice that can add value to a company’s image. In addition to offering practical benefits like easy access and enhanced networking, office space in a prime Central London location fosters credibility and demonstrates commitment to high professional standards.

In this article, we take a look at some of the most sought-after office locations in Central London and explore the unique features that make these locations stand out.

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The Best Postcodes in Central London for Your Office

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Dusk view down the River Thames of the illuminated Tower Bridge spanning the river with a purple and blue cloud-strewn sky in the background and riverbanks lined with buildings with postcodes in Central London.

Following the widespread adoption of remote work during 2020 and 2021, the majority of industry sectors are returning or have already returned to the office.

During this period, employee expectations regarding the office environment have changed. For example, many companies now report that staff increasingly demand shorter commutes, dedicated collaboration and relaxation space within the office, and upgraded amenities.

As a result, many business owners are considering downsizing and/or relocating their offices so the new location meets the needs of existing staff and future hires.

Since location is a key consideration, let’s look at what the most desirable central London postcodes are for your office in 2023 and beyond.

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Digital Business Guide

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London has an enviable position in both finance and business services globally, but it is also one of the most important places in Europe as a creative city and one which drives the worldwide media agenda. This has traditionally been in the field of publishing and conventional broadcasting, along with a relatively minor film industry. However, these days the capital’s creative industries are increasingly run by digital businesses. Given that so much of the business world, including the financial services sector, are now also reliant on digital transactions and products, digital businesses are now only likely to grow in importance as contributors to the city’s wealth.

According to the Greater London Authority’s Intelligence Unit, the city is well placed in the information revolution which has seen the growth of entirely new industries, as well as the transformation of well-established ones. In a report into London’s digital economy, they said that the opportunities for the cross-pollination of innovative ideas in the digital business world will be bolstered by London’s world-class universities. In addition, the report continues, the capital’s highly-skilled will add to the attractiveness of London as a base for digital industries, even web-based corporations from overseas.

If the capital is to continue to lead the world in the innovative digital industries of the future, it is of huge importance that businesses based in London have access to a digital communications infrastructure which is fast-moving and able to compete on a global stage. The authorities in London recognise that the city must improve its digital connectivity. Indeed, the Greater London Authority has said that it must cooperate with London’s boroughs in order to push this agenda forwards. According to Kulveer Ranger, the Mayor’s Director of Digital London, his organisation is working with the other local government in London to bring about greater WiFi connectivity in the capital and to reduce pressure on the struggling 3G network. This, he said, includes the introduction of WiFi on the London Underground network which should enable Londoners to digital services online, even when they are travelling around beneath the city’s streets. Continue reading “Digital Business Guide” →

London is Ahead of California for Tech Growth

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London is Ahead of California for Tech Growth from LondonOfficeSpace.comFor several years, London has been considered one of the world’s most prosperous technology hubs. Silicon Roundabout, Tech City, and Old Street are now firmly established in the global digital scene and can compete with other successful technology centres, mainly with California’s Silicon Valley. However, and despite the fact that London’s Tech City is a relatively new project, it seems that the London tech scene is growing at a faster pace than California. A report published in June 2014 confirmed this trend, and in this post we take a closer look at the facts and implications of the unmatched growth experienced by the British capital’s technology sector.

London’s tech sector has quickly caught up with California: learn all the details

The regeneration of the Old Street and the surrounding areas and its subsequent transformation into a leading business district has been hailed as a successful economic growth strategy right from the start. According to a 2013 report published by the Cabinet’s Office, between 2009 and 2012 the number of tech firms based in this area increased by an astonishing 76 per cent, bringing the total number of tech companies in London to over 88,000. Success is also measured by the industry’s contribution to the capital’s economy. In this respect, London’s Tech City is also a winner, as it has been estimated that nearly 27 per cent of the city’s total job growth is generated by the capital’s tech sector. All in all, this industry employs more than 582,000 people across London. Continue reading “London is Ahead of California for Tech Growth” →

London’s Technology Sector is Boosted by 2000 New Apprentices

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It is no secret that the London tech industry is one of the most important economic drivers of growth in the British capital. While other industry sectors are still struggling to overcome the negative effects caused by the recession, the technology sector is alive and kicking. This industry is certainly swimming against the flow, and instead of downsizing or cutting down on personnel, many tech firms are actually creating new and much-needed job opportunities. A few weeks ago, some of the most important players in the tech sector announced that they were ready to take on nearly 2,000 apprentices. But before we delve into the details of this announcement, let us take a look at the most recent performance of the capital’s tech industry.

A quick overview of the tech sector in London

Over the past decade, London has managed to establish itself as one of the world’s top tech hubs. What initially began as a small cluster of tech companies around Old Street has now become the European equivalent of Silicon Valley. Today, more than 5,000 tech companies are located in London’s Tech City, and many more are constantly being set up in other areas of the British capital. A recent Oxford Economics report has shown that the tech industry is expected to experience annual growth levels of more than 5 per cent during the next decade, bringing its total value to over £12 billion.

Growth in this sector is being driven by partnerships between top-class educational and research institutions, entrepreneurs, and investors. As a result, training and education are becoming crucial growth factors in this sector, so the recently announced large apprentice intake should not come as a surprise.

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The Top Business Incubators in London

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London Business Incubator LondonOfficeSpace.com @officeinlondonA business incubator is an excellent opportunity for start-up and development stage businesses to grow. Through a variety of supports that include mentorship, office space, financing and more, businesses and entrepreneurs are able to improve networks and develop skills and promising products or services for the market. London is home to some of the world’s top business incubator programmes, including Impact Hub and Accelerator.

Accelerator

Accelerator is a specialist business incubator located in Shoreditch. The district is at the centre of London’s information and communication technology (ICT) and digital media economy. Part of London Metropolitan University, the incubator provides services for students and businesses. For students, Accelerator offers support, advice and advice for any one interested in starting their own business. The program also runs an annual Business Plan Competition for students. From two-day boot camps for entrepreneurs and start-ups to meeting facilities, the incubator offers, the incubator delivers supports for pre-start up, start-up and early stage businesses. Both physical and virtual incubation is available to businesses primarily in the ICT and digital media community, including affordable office space, access to business support and training, networking opportunities, and other resources. For more information, visit www.accelerator-london.com.

Impact Hub Islington

Impact Hub is an international network with more than 8,000 members from around the world. Business and entrepreneurs in London have access to advice, resources and development opportunities from over 40 Impact Hubs in dozens of cities. The collaborative network includes Impact Hub Westminster, which opened in 2011. Impact Hub Islington hosts monthly programmes and events to provide entrepreneurs and businesses with opportunities to connect. With 1,200 members, Impact Hub Islington also makes a community workspace available for entrepreneurs and businesses to meet, connect, and work. The incubator is based in a modern space located at a converted warehouse near Angel tube station in Islington. Visit www.islington.impacthub.net for more information about Impact Hub. Continue reading “The Top Business Incubators in London” →

Top Creative Companies in East London

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East London, especially the Tech City and Shoreditch area is a major European hub for tech companies. Much of these tech companies are start-ups offering a variety of creative and innovative services. Tech City especially has a reputation for creativity. Entrepreneurs from all over the world reach out to this hub, seeking to leverage the facilities on offer, such as the presence of a vibrant community of entrepreneurs, financiers, creative artists and others, support services offered by Universities and government and more. Very few places in the world match such facilities.

Fast Growing Companies

Prominent start ups that have made it big in recent years include 7Digital, Eventbrite, INQ Mobile, Last.fm, Mendeley, Mind Candy, Moo Print, Playfish, SpliceTV, Spotify, Stylistpick, Ustwo, We7 and more. Continue reading “Top Creative Companies in East London” →