local economy
Who’s in Croydon?
need to know...
Croydon: the facts
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As one of London’s most important office hubs, Croydon has over 7 million sq ft of office space and is home to 24 blue chip organisations, including: Nestlé, Chartris, Mott MacDonald, Sir Robert McAlpine, Carillion, Network Rail, Barclays Financial and Insurance Services, Bank of America and the UK Border Agency. Banking, finance and insurance, distribution, hotels and restaurants account for 50.9% of employment.
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Twenty-eight of the UK’s top 30 retailers are in Croydon, with major outlets of John Lewis at Home, Debenhams, House of Fraser, Marks & Spencer, IKEA and Miss Selfridge, as well as a host of fashion shops from River Island and Republic to LK Bennett and La Senza. More than 9,075 businesses are VAT registered in the borough, with 555 new registrations in 2008, which exceeds the national average.
Between January 2009 and January 2010, 199 companies relocated to Croydon from other parts of the UK.
For further information go to www.developcroydon.com/economy