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Why London?!

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Why have a business operating out of London? That’s easy; because London is once again at the top of the list of best cities for business in Europe, according to the European Cities Monitor (ECM).

The head of the office responsible for this survey had these words to say: “From year to year London is consolidating its position as part of an elite group of global cities, together with New York and Tokyo. With the Olympic Games on the horizon in 2012, providing there is no major global economic turndown, London’s future seems to be only in one direction: up.”

Still not convinced? Okay. How about some stats… Over 20% of Europe’s top 500 companies are in London and 25% of the world’s largest financial companies have their main offices in London. $504 billion is turned over here every single day in the largest foreign exchange market in the world. So- doing business here in London… you’re in good company (pun intended!)

London is brave, it provides new contacts and partnerships everyday, it is an open minded society where everybody can work and find their way. London hosts events, conferences and exhibitions that can provide an appropriate venue for every occasion. London is smart! And it is your best chance of success. Set your sights high and optimise the potential of your business by basing your company here in London.

Property prices continue to fall

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Another dark day for the Stock Exchange throughout Europe. But the headlines are once again concerned with dropping house prices: “home sales fell to their lowest level in 30 years last month as the seizure in the mortgage market continued to drag house prices down”, says The Times online. London trembles. This represents a drop by approximately 60 percent over the past year, at a rate of 1.7 percent for June alone this year, according to a recent survey conducted by Knight Frank. So is this good news or bad news for your business you may ask… Well, this trend has obviously affected the letting costs for office space and as a result, the City of London currently has a 6.7 percent vacancy rate. However it may surprise you to know that there has been a 14 percent rise in lettings in the West End. With our LondonPresence W1 office, such matters are our concern – not yours (unless of course property is your business!).

But what can we do? If you’re looking to purchase in London should you wait? Thinking about selling?- How difficult is it really? It’s a tough time for all of us, especially for those of us in London. The stagnant market is symptomatic of a broader lack of confidence in the economy and of course it’s not just the property market that is being affected by the current crisis. “Asian stocks stage widespread decline,” marks The Financial Times. Inflation climbs to 3.8% from June, reports the BBC website. Bankers and traders work warily and such trepidation is now typical of every sector. Consumer spending is also showing signs of slowing down; sales in shops for June were down 0.4 percent compared with the same period in 2007. Everyday the Bank of England is trying to balance the growing evidence of an economic slowdown against the problem of rising inflation. Recently it has held interest rates at 5%, an expected position to try to save our economy from the risk of recession. Even drinks sales in pubs across London have declined!

There’s no doubt it’s a frighteningly worrying time and it’s a tough time to be managing a business that’s for sure! By having a virtual office in the current property climate, you’re relieving at least some of the pressure from this potentially imminent recession- and trust us, every little helps!

Five reasons to read this Blog

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1. 100% London

This blog is about London. And this space is designed to inform and update, educate and amuse you on everything concerning London life. We could be considered the capital of Europe, the city where anything can happen, where everybody would like to live and to work; reading this blog you will feel as if you’re in London everyday!

2. Hugely informative

Here you will find a melting pot of news focussing on business, lifestyle and events; all you need to know for you and your business. Discover everything about culture, arts, music, fashion, theatre, sport and finance- all you need to know to be a real Londoner.

3. Simple and digestable

It’s clear and easy to read, perfect for those who require quick information about business, new products, latest offers and much more. Every post is smart and snappy because you can’t waste your time and the opportunity to find what you really need. An easy style to provide you with news that you really need to know.

4. Friendly

Whether you love to frequent blogs or you have never used one before, you will love this essential daily update for its personable and accessible style, the variety of the topics and the quantity of embedded links.

5. Built around you

This blog is built on your needs. It’s not created for a general magazine reader, we want you to consider it as a London based help centre for you and your virtual office. This blog is the completion of a full office support package, designed to facilitate the starting, running and growing of your business; the bow on your office package; a London present to unwrap daily and satisfy your curiosities. Watch this space!

What is londonpresence.com?

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Londonpresence.com is not a stand alone organisation: it operates under the larger umbrella of the Made Simple Group. They run multiple separate, yet interlinked, services from the N1 area of London.

London Presence can be basically divided into two fields: the postal department (forwarding, scanning & emailing, taking delivery of items for collection) and one with telephone answering service (taking calls from your clients and passing the messages on to you).

Londonpresence.com has got more than 3,000 of customers from more than 60 countries. There is a multicultural flavour to the office, with six different nationalities that represent in microcosm some of the wonderful diversity to be found in London.

Londonpresence.com is the best solution to having the prestige of a multinational corporation, without the cost: a virtual office is a cheap chance for a global future.

Happy Monday!

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…and welcome to the new blog here at londonpresence.com. From our offices in the heart of the capital, find all you need to know about London from us, right here. Whether you are based in the UK or not, we want to entertain, inform and keep you reading. On this blog you will find news on everything that’s important to us Londoners, from business to lifestyle to events by day or night.

We’ll also be talking about finance, sport, theatre, fashion, music, arts and culture; a daily selection will be here to make you a real Londoner. Every post will be clear and easy to read because there’s no time to waste! Also, keep checking this blog for all you’ll need to know about our business, products, latest offers and much, much more.

And through the comments you’ll be able to tell us what you want and what you need. We are here in London, online and on your screen whenever and wherever you are, come rain or shine. This is the place where anything can happen, where you can see and do everything, through your own eyes and through ours. So keep them peeled, because this is our London and yours, and we want to share this vision daily, right here!