Archive for July, 2010
Leeds- the Fast Road to Success
July 20th, 2010 | 
Author: Leeds is the biggest city in West Yorkshire, England. It is the fastest growing city in the UK according to the British National Statistics Bureau. Its economy is mostly based around the service sector and is considered the second most important city when it comes to business, legal and financial services after the capital London.
Economic Development
Traditionally Leeds built its economic base on trading and manufacturing businesses. It recent decades those have been overtaken by the service sector, retail, offices and media businesses.
Modern Leeds city line is dominated by skyscrapers with more than 15 skyscrapers above 80 meters in construction now. Till recently the tallest building in the city was the West Riding House but will soon be overtaken by the 171-meter Lumiere building planned to be finished by 2012.
Financial Sector
More than 250,000 are currently employed in this sphere. The region has an output of more than 13 billion pounds based in this business area alone. The majority of the financially related companies are situated in the old business quarters in the city center as well as the newly developed South bank of the river.
The diversity of the industry base proved a very good hedge against business uncertainties. The city has gone through the previous industrial decline well and experienced a very good growth of the financial sector- more specifically in the accounting, legal, consultancy, banking, insurance and recruitment sectors.
The recent financial crisis has had its impact on the sector with around 30 thousand people losing their jobs in finance alone. The local government and big business are confident however that the city will soon manage to go back to its previous state.car hire faro
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Very good places to find a good price for car and van rentals when it comes to Leeds are Leeds Car Rentals, Yellohire and TJS Selfdrive.
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