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I was hoping for more about the geographical move. I'm sure I'm not alone in wondering why someone would move TO London right now, given all the issues people a
by roydivision 3y ago
I was hoping for more about the geographical move. I'm sure I'm not alone in wondering why someone would move TO London right now, given all the issues people are currently facing in the UK.
- mytailorisrich 3y agoLondon is an attractive world city. Population grows about 1% per year.
- sofixa 3y agoLondon has a number of advantages: * Lots of people speak English, so London is easy to emigrate to from that perspective - no need to learn a new language to be able to live there * It's a massive business centre and as such it's possible to find work in all sorts of domains, relatively well paid (relatively to the rest of the UK, but not enough to actually afford to buy housing for most people) * It has a lot going on in terms of entertainment - there are bars, clubs, sports, music performances, standup comedy, theatre, cinemas, etc. * It is big and relatively well connected, with varying advantages and disadvantages (you can live in a house with a garden or an apartment in a skyscraper, and anything in between, and still be "in London" and at least decently connected to where work and entertainment is... if you can afford it) * You won't be the only immigrant, so it's much easier to "blend in" Downsides are that the weather is pretty bad, and housing is absurdly expensive.
- fragmede 3y agoWell, there was also that Brexit thing.
- mytailorisrich 3y agoThat has made little difference to London. Yes, it's harder for EU citizens to move there, but the pool of people happy to move to London for work is vast and global. No longer being in the EU can be a downside depending on the business but in general, as a service-based economy operating globally, London is just carrying on undeterred.
- sofixa 3y agoExcept all the extra costs and red tape when doing business with the EU.
- mytailorisrich 3y agoWhich depends on the business and, again, which is not a killer issue when you are doing business globally... For instance, in financial services the UK is still the world first exporter and does more business with the US than with the EU to begin with: doing business with the US is also 'extra costs and red tape' and yet it is thriving...
- phatfish 3y agoLondon is likely going to be the least effected area of the UK by Brexit, which is ironic given the leave/remain vote distributions. The real problems are not for global businesses, but for small businesses that lost access to a market around the size of the US (on their doorstep no less) with effectively zero trade restrictions. Global businesses can eat the red tape required to access external markets, others take a hit to profitability or simply can't survive selling into the UK market alone. Hopefully this can be slowly reversed otherwise the UK will see a drop in home grown businesses that had the potential to grow organically and stay based in the UK. I foresee small businesses getting bought out more frequently by overseas competitors because they couldn't grow fast enough in the UK alone.
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