'Plenty of benefits' from setting up London offices
London offices are the best places to operate a business from in the world, not just Europe.

Such is the opinion of the London Chamber of Commerce, which noted there are plenty of benefits that can be enjoyed as a result of selecting the UK's capital as a base.

The timezone in the UK means that both the west - the US - and the east - such as Japan - can be traded with in the same day, which can prove convenient for those firms that operate on a worldwide scale.

Spokesman for the London Chamber of Commerce Iain Smith explained that English is "the lingua franca of business in the world", which also works in the city's favour.

With dozens of higher education establishments in the capital, there is also a strong talent pool from which to draw upon, and not just British graduates. Imperial College London, London South Bank University, University College London and the London College of Business are just some of the institutions in the city.

"You have great public infrastructure [and] a great transport system that allows you to conduct your business easily on a day-to-day basis. And more so than any other city in the world," Mr Smith went on to say, adding the culture found here should not be excluded from the list of benefits.

The London Chamber of Commerce is also a strong advocate for boosting the aviation strength of the capital. Chief executive of the body Colin Stanbridge recently asserted that while building a new airport would be welcomed, action needs to be taken sooner rather than later.

"London and the UK need a more immediate solution, with a funded third runway at Heathrow the only sensible option in the meantime," he claimed.

Mayor of London Boris Johnson has campaigned for a new airport to be built on the Thames, with the coalition government previously ruling out a third runway at Heathrow.

Posted by Sarah Dudley

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