London is one of the world's leading financial cities and vital part of UK's and Europe's economy. The square mile large, financial district located to the east of central London, is referred to as The City of London or most often just 'The City'.
Considered as the epicentre of British financial life, it can boast for a GDP larger than many smaller countries, and an impressive concentration of insurance companies, banks and other financial services. London as a wealth of business facilities, accommodations and a variety of services which will cover all your business needs.
Business Etiquette
You should allow a lot of time to reach your appointments as distances are large, and public transport and traffic can be troublesome. It is also expected that you will be on time for meetings and appointments. The dress code is usually formal when meeting people from financial industries. Shake hands and exchange business cards on greeting. Expect to be invited for an after work drink as this is considered an essential way of developing relationships.
Important sectors
Financial sectors, banking, insurance, design, advertising, media, tourism. Being the UK capital you'll also find the key public sectors represented.
Main business districts
Financial services can mainly be found in the City of London, while Covent Garden and Soho cater for media and advertising. Newspapers and other business services can be found in the Docklands. Many government offices can be found along Whitehall.
Business Hours
Monday to Friday 9am - 5.30pm is the norm, however in practice many companies work longer hours. Lunch time is usually from 1am - 2am. Government offices are usually closed during the lunch break.
Below you find links to useful business resources like meeting rooms, trade fairs, couriers etc.
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