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TREASURY FIGURES CONFIRM NORTH-SOUTH DIVIDE

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A treasury survey has revealed that the seven most popular locations for new businesses are all clustered in centra...
A treasury survey has revealed that the seven most popular locations for new businesses are all clustered in central London, while the five least popular sites are in the North East.

The City of London was the most popular site, followed by the London

boroughs of Westminster, Camden, Islington, Kensington, and Tower Hamlets with Hackney LBC in seventh place.

Jeremy Beecham, chair of the Local Government Association, told the Daily Telegraph (June 24, p12) that he was not surprised at the figures: 'After 100 years of domination by heavy industry, there has not been a culture of starting new businesses. We have been over reliant on a few major industries. We're in a process of change, I hope.'
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