The City of London has a booming economy that is vital to the UK. In 2016 it had a GVA of around £49.2 billion, almost 3% of the country's overall output, and over 12% of London's. The city is an important global hub for finance and insurance, and employment in the sector is expected to grow by 0.2% a year from 2018 to 2050, adding a further 23,000 jobs to the thriving industry.
There are currently around 485,000 people working in the city, which accounts for 9% of all employment in the Greater London area. One in 63 of the total UK workforce has employment in the city. The City of London is predicted to see a rise of 34% in employment by 2050, meaning a total of 705,000 workers across all sectors in the region.
At Global Database we've collected this list of the top-performing companies in the city in order to give a useful insight into its current economy. See the results, ordered by most recent revenue, below.
SINCH UK LTD. Active
Registration Nr
03049312Age of business
29 yearsNr of Employees
113Revenue
288324504.0Industry
61200 - Wireless telecommunications activitiesCountry
GBThis information is available only for subscribed users
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WhitstableWebsite
http://si********Phone
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View plansRegistration Nr
02036243Age of business
37 yearsNr of Employees
475Revenue
284900000.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
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LondonWebsite
https://www.ju************Phone
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View plansMSIX COMMUNICATIONS LIMITED Active
Registration Nr
06665820Age of business
15 yearsNr of Employees
11-50Revenue
284680000.0Industry
73110 - Advertising agenciesCountry
GBWebsite
http://www.ms************Phone
This information is available only for subscribed users
View plansICE FUTURES EUROPE Active
Registration Nr
01528617Age of business
44 yearsNr of Employees
200Revenue
284541365.46Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
View plansCity
LondonWebsite
www.thei******Phone
This information is available only for subscribed users
View plansBAKER & MCKENZIE LLP Active
Registration Nr
OC311297Age of business
17 yearsNr of Employees
733Revenue
277958000.0Industry
-Country
GBWebsite
www.bakermc**********Phone
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3I PLC Active
Registration Nr
00397156Age of business
78 yearsNr of Employees
5Revenue
277302000.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBWebsite
http://ww********Phone
This information is available only for subscribed users
View plansALPHASIGHTS LTD Active
Registration Nr
06534480Age of business
15 yearsNr of Employees
842Revenue
277151858.0Industry
63990 - Other information service activities n.e.c.Country
GBThis information is available only for subscribed users
View plansCity
LondonWebsite
http://www.alp************Phone
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View plansRegistration Nr
OC316197Age of business
18 yearsNr of Employees
148Revenue
274477026.56Industry
Financial ServicesCountry
GBWebsite
http://www********Phone
This information is available only for subscribed users
View plansGUARDIAN MEDIA GROUP PLC Active
Registration Nr
00094531Age of business
117 yearsNr of Employees
1,626Revenue
264400000.0Industry
58130 - Publishing of newspapersCountry
GBCity
LondonWebsite
http://manchestere****************Phone
This information is available only for subscribed users
View plansMIZUHO INTERNATIONAL PLC Active
Registration Nr
01203696Age of business
48 yearsNr of Employees
540Revenue
261600000.0Industry
64191 - BanksCountry
GBCity
LondonPhone
This information is available only for subscribed users
View plansASHMORE GROUP PLC Active
Registration Nr
03675683Age of business
24 yearsNr of Employees
11Revenue
254400000.0Industry
64205 - Activities of financial services holding companiesCountry
GBThis information is available only for subscribed users
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www.ashmore*********Phone
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MOONPIG.COM LIMITED Active
Registration Nr
03852652Age of business
24 yearsNr of Employees
84Revenue
234670000.0Industry
47910 - Retail sale via mail order houses or via InternetCountry
GBThis information is available only for subscribed users
View plansWebsite
http://moo********Phone
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View plansMUFG SECURITIES EMEA PLC Active
Registration Nr
01698498Age of business
40 yearsNr of Employees
51-200Revenue
229880000.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
View plansCity
LONDONWebsite
http://www.in************Phone
This information is available only for subscribed users
View plansRegistration Nr
OC400678Age of business
7 yearsNr of Employees
302Revenue
222354000.0Industry
-Country
GBWebsite
www.wei*****Phone
This information is available only for subscribed users
View plansLONGULF TRADING (UK) LIMITED Active
Registration Nr
01287237Age of business
48 yearsNr of Employees
67Revenue
219899470.32Industry
46190 - Agents involved in the sale of a variety of goodsCountry
GBThis information is available only for subscribed users
View plansCity
LondonWebsite
longul*****Phone
This information is available only for subscribed users
View plansVOCALINK LIMITED Active
Registration Nr
06119048Age of business
16 yearsNr of Employees
554Revenue
214100000.0Industry
82990 - Other business support service activities n.e.c.Country
GBCity
LondonWebsite
https://www.v***********Phone
This information is available only for subscribed users
View plansSMARTESTENERGY LIMITED Active
Registration Nr
03994598Age of business
23 yearsNr of Employees
279Revenue
212851000.0Industry
35130 - Distribution of electricityCountry
GBThis information is available only for subscribed users
View plansCity
LondonWebsite
www.smartest**********Phone
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THE PAPER COMPANY LIMITED Intermediate
Registration Nr
01995271Age of business
36 yearsNr of Employees
292Revenue
209.4 millionIndustry
46760 - Wholesale of other intermediate productsCountry
GBThis information is available only for subscribed users
View plansCity
156 GREAT CHARLES STREETWebsite
http://www.paperlinx.co.ukPhone
This information is available only for subscribed users
View plansDANA PETROLEUM (E&P) LIMITED Active
Registration Nr
02294746Age of business
35 yearsNr of Employees
4Revenue
207163000.0Industry
Mining ServicesCountry
GBThis information is available only for subscribed users
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www.dana-pet**********Phone
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View plansRegistration Nr
02949554Age of business
28 yearsNr of Employees
107Revenue
200.8 millionIndustry
64999 - Financial intermediation not elsewhere classifiedCountry
GBThis information is available only for subscribed users
View plansCity
70 VICTORIA STREETWebsite
http://www.omglobalinvestors.comPhone
This information is available only for subscribed users
View plansRegistration Nr
02915887Age of business
28 yearsNr of Employees
12Revenue
198324402.0Industry
64999 - Financial intermediation not elsewhere classifiedCountry
GBWebsite
www.bari*******Phone
This information is available only for subscribed users
View plansBYRNE GROUP LIMITED Active
Registration Nr
01100323Age of business
51 yearsNr of Employees
340Revenue
191314248.0Industry
41201 - Construction of commercial buildingsCountry
GBThis information is available only for subscribed users
View plansCity
LondonPhone
This information is available only for subscribed users
View plansYOUGOV PLC Active
Registration Nr
03607311Age of business
25 yearsNr of Employees
1,664Revenue
190111779.87Industry
73200 - Market research and public opinion pollingCountry
GBThis information is available only for subscribed users
View plansCity
LondonWebsite
http://you*********Phone
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BETA DISTRIBUTION PLC Intermediate
Registration Nr
01970907Age of business
38 yearsNr of Employees
19Revenue
186076920.0Industry
46660 - Wholesale of other office machinery and equipmentCountry
GBThis information is available only for subscribed users
View plansCity
BIRMINGHAMWebsite
betadistrib*********Phone
This information is available only for subscribed users
View plansTRAVERS SMITH LLP Active
Registration Nr
OC336962Age of business
14 yearsNr of Employees
634Revenue
185954000.0Industry
-Country
GBWebsite
http://trave***********Phone
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As the results above show, the city's economy is incredibly prosperous and offers great potential. As the headquarters for the UK's finance and insurance sector, there are eye-watering sums at play here. The financial sector is crucial to the country's economy, having generated over £115.3 billion in 2016. This represents 6.6% of the overall GVA for the UK. The professional services sector is another important sector for the City of London, providing 4.7% of the UK's economic output. It is predicted that the sector will see the largest growth in employment, with an additional 509,000 jobs being created by 2050.