Article Abstract:
House prices in the London area continue to benefit from high consumer confidence, plentiful jobs in the service and information technology sectors and good infrastructure which makes it attractive to outside investment from new firms. Plans by automobile manufacturer Ford to relocate a new design studio to the city centre highlights London's appeal to young, innovative industries as well as the traditional financial sector. The average weekly wage in London was 500 pounds sterling per week in 1998, compared with the rest of the country's average weekly wage of 383 pounds sterling.
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Article Abstract:
The south-eastern region of the UK is an ideal location for service industries, benefiting from extensive transportation infrastructure and close links with the continent. The region has the lowest unemployment levels in the UK, with only 2.3% of the population without a paid job. Hourly pay is 10.20 pounds sterling compared with the average UK 9.60 pounds sterling per hour. House prices and rents on commercial properties are correspondingly high, especially in areas close to the M25 and London.
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Article Abstract:
The diverse economic nature of the south west region of the UK make it extremely attractive to a wide range of businesses seeking to relocate. The region benefits from a well skilled workforce, good transportation infrastructure and lower house prices than the south east region. Bristol is the major business centre of the south west region, with Bristol Airport and port facilities being one of the major deciding factors for relocation.
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