Economy
West London has over 57,500 VAT registered businesses. Since the mid 1990s, West London has enjoyed a growth rate of 3.9% per annum, making a major contribution to London’s economy. West London is a home for entrepreneurial success. Of the 700,000 people employed in West London, two-thirds work in small and medium-sized businesses.
New business success rates are higher than the London average, highlighting the verve of the start-up culture in the area. West London has 17% of all London’s jobs. The high-growth sectors of business services, media, research & development, and high value-added manufacturing are strongly represented in West London. The growing creative industry in West London accounts for 93,000 jobs.
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