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1<br />

London Wall<br />

Liverpool Street<br />

Bishopsgate<br />

Location in the City of London<br />

- Context -<br />

2<br />

3<br />

Bank<br />

Cornhill Street<br />

<strong>Leadenhall</strong><br />

Market<br />

Bishopsgate<br />

4<br />

L<br />

3<br />

Lloyd‘s<br />

2<br />

St. Mary Axe<br />

Bevis Marks<br />

1<br />

<strong>Leadenhall</strong> Street<br />

Willis Towers<br />

The Gherkin<br />

Aldgate<br />

Aldgate High Street<br />

The City of London is one of the 33 Boroughs of London with<br />

an area of only one square mile. Here Londinum was founded<br />

by the Romans in 50AD and has since then evolved into one of<br />

the leading centres of global finances (cityoflondon.gov.uk). In<br />

2014, the City’s economy generated £45 billion, which equated<br />

to 14% of London’s economic output and a staggering 3% of the<br />

UK (Cambridge Econometrics 2014). This massive turnover is<br />

produced by 320’000 workers. Only 10’000 people actually live<br />

on the Square Mile in specific residential areas (City of London<br />

Carbon Footprint 2009).<br />

In the report “Decoding Global Talents” London topped the<br />

list for employee attraction, which again shows how competitive<br />

London is in terms of salaries, living standards and in attracting<br />

highly qualified workers (Roberts 2014).<br />

In June Britain will have a referendum on whether to stay in the<br />

EU (Wheeler & Hunt 2016). Even tough voices from both sides<br />

of the argument foresee Britain’s doomsday, the more realistic<br />

views are – either way – by far not that daunting. In case Britain<br />

stays in the EU, business continues as usual. In case Britain decides<br />

to leave the EU, the nation will very likely retain its pre-eminent<br />

position in the world’s economy. Outside EU regulations,<br />

Howard Shore explains, Britain “would be able to liberalise […]<br />

(their) economy, set […] (their) framework and rules to suit […]<br />

(the nation)” (Jenkins & Agnew 2016).<br />

References<br />

Cambridge Econometrics (2014): The Future of the City of London’s Economy. http:// www.camecon.com/FutureoftheCityofLondonsEconomy.aspx (access: 29.10.2015)<br />

The City of London (2009): City of London Carbon Footprint. https://www.cityoflondon. gov.uk/services/environment-and-planning/sustainability/Documents/pdfs/sus_carbon¬footprintreport.pdf (access: 18.11.15)<br />

The City of London: City Timeline. https://www.cityoflondon.gov.uk/things-to-do/visit-the-city/our-history/Pages/timeline.aspx (access: 3.3.16)<br />

Roberts, Hywel (2014): London top city for employment attraction. http://www.hrmagazine.co.uk/article-details/london-top-city-for-employee-attraction (access. 3.3.16)<br />

Wheeler, Brian; Hunt, Alex (2016): The UK’s EU referendum: All you need to know. http://www.bbc.co.uk/news/uk-politics-32810887 (access: 3.3.16)<br />

Jenkins, Patrick; Agnew, Harriet (2016): What would Brexit mean for the City of London? http://www.ft.com/cms/s/2/e90885d8-d3db-11e5-829b-8564e7528e54.html#axzz41rWxBVqs (access: 3.3.16)<br />

Photos and Map: Marianne Gatti<br />

18 19<br />

4<br />

Gracechurch St.<br />

Monument<br />

Walkie<br />

Talkie<br />

Fenchurch Street<br />

Fenchurch<br />

Street<br />

1:5000<br />

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