City of London could see 39,000 jobs created by 2025 - report

London

The City of London could see 39,000 jobs created over the next decade if economic and regulatory conditions remain favourable, said a local government body that oversees Britain’s main financial district.

Bloomberg News reports that in total there could be 145,000 new jobs in Central London by 2025, the City of London Corp. said in a report published on Wednesday. 

Economic output in the capital’s financial district would increase to $93bn from $68.75bn in 2014, according to the report.

'There are serious challenges ahead for policy makers', said Mark Boleat, chairman of policy and resources at the City of London Corp. 'We cannot let potentially limiting factors such as housing and transport for the City’s workers, lack of aviation capacity, inadequate broadband provision, or poor regulation create barriers to growth'.

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City of London Could See 39,000 New Jobs by 2025, Report Says

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