Welcome to InfoIslington, a blog dedicated to delivering quality information about Islington today. Produced by staff at the Islington Reference Library it will bring you details about quality web sites and other new social media , upcoming events, reports and where to find information today with a special relevance to Islington.
London’s diverse economy, and status as one of the most important cities in the world calls for a highly skilled workforce. Qualifications are considered an important predictor of success in a labour market. This publication from the Greater London Authority explores the skills and qualification levels of young people before moving on to an analysis of adults’ qualifications and the skills that different occupations in London require.
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’.
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.
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.