London is the capital city of England and a leading global city with a population approaching 8 million people and if you include the outlying areas it can be argued that London’s population is closer to 14 million people.
London is a hub for business. The areas with special interest for freelancers and contractors is perhaps the square mile – the city of London, which is a main financial district and also Canary Wharf in the east of the city which is another financial district. There are many opportunities for freelancers and contractors in the city and Canary Wharf in banking and financial services with global banks such as HSBC and Barclays having major operations and the insurance markets such as Lloyds of London and supporting businesses providing numerous contracting opportunities.
We also need to mention the numerous other opportunities that exist in Telecoms retail and commerce, plus the new technologies centred around Silicon Roundabout.
London is perhaps one of the best places in terms of opportunities to be a freelancer or contractor, and London can offer a lifestyle like no other city in the UK, with some of the best cultural event, sporting events (including the Olympics) shopping and restaurants.
London can be an expensive city but the rates that contractors obtain reflect this.
If you are a freelancer or contractor you should speak to Freelancer Accounting as we are your local contractor accountant and are here to help you with your London contracting from one of our London offices. Call now to see how we can help you.