InfoIslington - Islington Reference Library

Scores on the Doors

Scores on the Doors is an independent information service which uses the Food Standards Agency National Food Hygiene Scheme to rate pubs, clubs, take-aways and restaurants for hygiene.  In Islington 1,891 businesses have currently been rated scoring from 5 (best) to 0 (worst). 27 businesses were rated zero.

Business Demographics and Survival Rates

The London Data store produces statistics showing the survival rates of businesses by borough. In Islington 86% survived their first year in 2010 (the latest data) compared to an Inner London rate of  83%. 2,180 new businesses were created in islington in 2011 - 450 more than the year before and business demises were down from 2,000 in 2010 to 1,415 in 2011. See more information here.

Businesses

In islington the number of new businesses created rose from 1,665 in 2009 to 2,180 in 2011. See the table here.

Street Trading Strategy 2008-2012

The Vision

To create a dynamic street trading and market experience that is diverse and vibrant adding value to the economic, social and cultural fabric of Islington. See the document from here.

GLA Working Paper 53 - Tourism in London

http://www.london.gov.uk/publication/working-paper-53-tourism-london?utm_campaign=wp53&utm_medium=email&utm_source=GLA+Economics

Tourism supports 226,000 jobs in London and £6.6 billion of ‘tourism direct GVA’ is attributable to the capital.

Business Register and Employment Survey, London 2010

The Business Register and Employment Survey (BRES) provides annual employment and employee estimates in the UK. This brief focuses on London results.

London and the UK

• London employment was 4.336 million in September 2010 an annual increase of 44 thousand jobs (or 1.0 per cent)
• This was the second highest increase after the South East (51 thousand or 1.3 per cent increase)
• This compared to a decrease in employment in the UK of 156 thousand (or -0.5 per cent)

London employment by industry

Between 2009 and 2010 the largest increases by sector were:

• Business Services (39 thousand increase in employment)
• Information and Communications (20 thousand increase)
• Finance and Insurance (12 thousand increase)

London sub regional employment

• Employment in Inner London increased by 36 thousand and in Outer London by 8 thousand
• Employment increased in 20 out of 33 London boroughs
• The greatest increase was in the City of London (24 thousand)

Employment projections for London by sector and trend-based projections by borough

This working paper from the GLA examines projections for employment in London.  It estimates 5.393 million employees in 2031. ‘Professional, real estate, scientific and technical activities’ is set to be the fastest growing sector. The other relatively fast growing sectors are ‘Information and communication’ and ‘Administrative and support services’ followed by ‘Transport and storage’.

An Analysis of London's Exports

The total value of London’s exports in 2009 was £92.1 billion, up from £65.6 billion in 2001. All of this increase was due to services; whilst exports of goods fell by £1.5 billion (to £21.9 billion), exports of services rose by £28 billion (to £70.2 billion) over this time.

London’s goods exports made up 10 per cent of the UK total in 2009, whilst London’s service exports made up 44 per cent.

Whilst the EU remains the largest regional destination for London’s goods exports, the USA remains the largest country destination.

View the paper from GLA Economics here.

London's Digital Economy

This report draws together a variety of data sources to highlight London’s position in the digital arena. The report looks at uptake and use of digital technologies by businesses and households. Amongst the findings are:

• There are over 23,000 ICT and software companies in London – the highest number of any European city. London specialises in the technology industry hosting a quarter of all British jobs in computer and related activities employment and 22 per cent of British jobs in Telecommunications. London has the highest level of private equity and venture capitalists investments into technology companies of the UK regions. In 2010 they invested £453 million into 60 companies in the city.

• London adults are more likely than those in the rest of the country to access the internet by mobile phone.

• The Broadband Quality Survey 2010 shows that UK broadband services enable users to “comfortably enjoy” the latest web applications but still lag someway behind the best in the world, such as those in South Korea, Hong Kong and Japan. The Survey scores London at 30, the same as Glasgow and one point higher than Birmingham. This compares to the winning city of Seoul that has an overall score of 73. Both Virgin and BT are in the process of updating their networks to offer their customers superfast broadband and the Government recently announced that they are creating a new £100 million urban broadband fund part of which will benefit London.

Support for Businesses in Islington

This updated factsheet (April 2011) provides details of the range of agencies and organisations that offer support for existing and new business ventures in Islington.