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London had the fifth largest metropolitan economy in the world in 2011 according to the Brookings Institution. [ 12 ] Some of its neighbourhoods have estimated per capita GVA as high as £116,800 ($162,200). [ 13 ] The London fiscal surplus, £32.5 billion in 2016–17, [ 14 ] mostly goes towards funding services in other parts of the UK.
The Gherkin. The Gherkin, formally 30 St Mary Axe and previously known as the Swiss Re Building, is a commercial skyscraper in London 's primary financial district, the City of London. It was completed in December 2003 and opened in April 2004. [10]
The demography of London is analysed by the Office for National Statistics and data is produced for each of the Greater London wards, the City of London and the 32 London boroughs, the Inner London and Outer London statistical sub-regions, each of the Parliamentary constituencies in London, and for all of Greater London as a whole.
The NSE was officially recognised as an overseas stock exchange by the London Stock Exchange in 1953. The exchange is Africa's fourth largest in terms of trading volumes, and fifth largest in terms of Market Capitalization as a percentage of GDP. [64] Nairobi is the regional headquarters of several international companies and organisations.
Website. cityoflondon.gov.uk. The City of London, also known as the City, is a city, ceremonial county and local government district [ note 1 ] that contains the ancient centre, and constitutes, along with Canary Wharf, the primary central business district (CBD) of London and one of the leading financial centres of the world. [ 2 ]
Background. [] John Strype 's map of 1720 describes London as consisting of four parts: The City of London, Westminster, Southwark and the eastern 'That Part Beyond the Tower'. [ 1 ] As London expanded, it absorbed many hundreds of existing towns and villages which continued to assert their local identities.
London is an ancient name, attested in the first century AD, usually in the Latinised form Londinium. [37] Modern scientific analyses of the name must account for the origins of the different forms found in early sources: Latin (usually Londinium), Old English (usually Lunden), and Welsh (usually Llundein), with reference to the known developments over time of sounds in those different languages.
Map of the 32 London boroughs and the City of London. This is a list of local authority districts within Greater London, including 32 London boroughs and the City of London. The London boroughs were all created on 1 April 1965. Upon creation, twelve were designated Inner London boroughs and the remaining twenty were designated Outer London ...