Globalisation is a complicated and multidimensional process which is much older than some commentators have contended. However, throughout most of its recent history London has been a globalising city. Economic decisions made in London have had implications for diverse places on an international basis.

Since the 1970s, cities like Detroit and Leipzig have been ‘globalised.’ Their populations have been reduced, their economic bases eroded. Attempts at regeneration have not stopped them from being really vulnerable to each dip in the international economy. Decisions about their future are often made elsewhere. In contrast to these cities of decline, London is well placed to take advantage of economic upturns at an early stage.

It makes sense to locate a firm where it is likely to be able to exploit emerging opportunities. London is a dynamic centre with plenty of human capital. In the modern economy, human capital is a key determinant of a firm’s potential. Attracting and retaining the right personnel is central to sustaining economic success. Moreover, the variety of office options in London means that all types of firms can find something suited to their specific needs.

Serviced offices around UK cities come with various benefits. Choosing to acquire a serviced office in London is a positive choice for a multiplicity of reasons. Just having a London address can be an asset, but owners or managers of ambitious firms will realise that being situated in a globalising location could well have a transformative impact on their economic fortunes down the track.