March 8 2014 Latest news:
Sunday, February 19, 2012
Mayor of London Boris Johnson has said business confidence in the capital is high as he heralded three investments which will create hundreds of jobs.
Global professional services group Harvey Nash, which employs 200 people in London and 6,000 more in 40 offices worldwide, has announced it will be moving its headquarters from Mayfair to larger premises at the Heron Tower in the City.
The firm then plans to hire 100 more staff over the next two years.
Harvey Nash had considered New York, Dublin, Zurich and Hong Kong as potential new bases before deciding to retain its headquarters in London.
Meanwhile, property giant Land Securities has agreed a deal with the Canada Pension Plan Investment Board for the redevelopment of Victoria Circle in Victoria.
The £1 billion development will create a new residential, office and retail quarter predicted to deliver hundreds of new jobs.
These two boosts follow follow confirmation by US insurance giants Aon that it is moving its corporate headquarters from Chicago to London.
The Mayor said: “Despite difficult economic times London is attracting investment from across the world and remains a formidable force in an ever competitive global marketplace.
“It is clear that business confidence in our city and its economy is strong at all levels and as we look towards the most momentous year in living memory we must do all we can to capitalise on this.
“This summer, when we welcome the world for the 2012 Games and the Queen’s Diamond Jubilee, I believe we have the perfect opportunity to cement our reputation at home and abroad as the number one place to do business.”