London is a magnificent city with a huge population. It is known as many things, including the cultural, financial and tech capital of Europe. According to the Guardian, more than a fifth of Europe’s largest 500 companies choose to base their headquarters in London. Many businesses choose London as their home, especially those in the financial and technology sectors.
The UK and especially London is a desirable business location because of its many transport connections and proximity to other business hubs such as Paris, Amsterdam, Berlin and Brussels. The diverse city also boasts world class arts and entertainment along with promising employment opportunities – especially for IT workers.
With London emerging as Europe’s fastest growing tech hubs, it seems that skilled workers are flocking to the English capital. A survey of global tech workers, conducted by YouGov and London & Partners, revealed that mobile workers would prefer to relocate to London than any other European city. Respondents cited the main reasons for the city’s attractiveness as good international travel connections, a creative and innovative environment and cultural diversity. London was named as one of the world’s top technology hubs, only pipped to the post by New York and San Francisco over the pond.
Additionally, London has succeeded in attracting highly skilled workers, spurred on by the growing tech industry. When it comes to skilled talent, London leads the way with a 16% increase in the past three years in high skilled workers. It attracts more highly skilled workers than anywhere in the world, including rivals such as New York and Sydney.