Brexit is expected to effect many industries in the UK and the finance is on the top of the list. There are various assumptions, predictions and possibilities discussed since the Brexit vote.
Reuters has recently published an analysis on the change in the city related to finance sector in London.
Will Britain’s decision to leave the European Union in 2019 damage one of its most successful industries? Some politicians and economists predict London will lose its pre-eminence as a financial centre after Brexit, although supporters of leaving the EU say Britain will benefit over the long term by being able to set its own rules. Reuters assesses the fortunes of the City through a series of indicators that suggest signs of a slowdown, but no transformative decline. (Reuters)
One of the most important indicator is the jobs in this sector in London. Although it is too early to conclude a complete exit from London. The numbers show a tendency of dropping creation of new financial jobs.
The recruiter found 51,922 new financial services jobs were created in the first seven months of this year, a 10 percent drop compared with the same period last year. This was the lowest number of jobs available since 2012. (Reuters)
(Image Credit: Reuters)
The analysis also shows a decrease in transportation.
The number of people using the underground rail network at Bank and Monument stations in the heart of the City is on course for its first fall since the final year of the global financial crisis, according to Transport for London data. In Canary Wharf — a once defunct docklands now transformed into another hub of global finance in east London — the number of people using the station continues to rise but the pace has slowed.
London City Airport, favoured by executives for flights to European cities and beyond, had a slight increase in passengers in the first six months of this year with recent figures in decline.(Reuters)
(Image Credit: Reuters)
The analysis shows that it is early to conclude a total financexit from London. However, there are strong signs of its decline in near future. All these perhaps up to the results of the Brexit negotiations undertaken currently and their results will determine the finance industry’s condition and its effects on the city itself.
Erickson’s design was regarded as innovative in several key aspects. Its mountain top location inspired Erickson to reject multi-story buildings, which he felt would look presumptuous. Instead, Erickson turned for inspiration to the acropolis in Athens and the hill towns of Italy, where the mountain was incorporated into the design itself. This concept is evident in many aspects of the university’s design. For example, the manner in which the buildings are terraced to remain in harmony with the contours of the landscape and the emphasis upon the horizontal rather than the vertical expansion of the buildings themselves.
Another innovative aspect of the design was its rejection of the traditional separation of faculties and departments into individual buildings. In emphasizing the universality of the university rather than the specialization of knowledge, Erickson wanted to facilitate interdisciplinary work and a closer relationship between faculty and students. To this end, the design incorporated buildings which would house several departments as well as classroom space. This measure satisfied the practical requirements of both students and faculty by reducing the travel time between classes, as well as fostering an intimate learning environment. (Simon Fraser University)
Image Credits: Modernist Architecture, Wikipedia
Short Documentaries filmed by Citizens to Show Existing Solutions and Inspire New Initiatives?
Megacities of the world present lots of opportunities, but are also full of challenges.
So we need your help to bring to light, through the lense of your documentary, local inspiring solutions that have been implemented by a person or a community, near your home that have met those challenges head on. Through your story you could potentially change the lives of a friend, a neighbor, a family in another Megacity.
Your short documentary will change the world. (megacities-shortdocs.org)
Today, 54 percent of the world’s population lives in urban areas, a proportion that is expected to increase to 70 percent by 2050. Urbanisation is a fact, making cities worldwide an even more relevant topic to talk about. What does urban journalism look like today and how can we make it function as a tool to address and solve urban issues? (citiesintransion)
The Urban Stories Festival is a great event for urban storytelling and journalism. It offers a discussion platform for urban issues and innovative ways for addressing these issues.
Urban Stories Festival (USF) shares the most important stories the city accommodates. During this four-day festival we look at urban journalism as a tool to address urban issues, provide a stage for innovative city stories and explore how digital developments help create new ways of storytelling. The festival offers workshops, talkshows, documentary screenings and lectures. Dive into the world of (citizen) journalism, press freedom, big data, digital storytelling tools and investigative urban journalism. (Urban Stories Festival)
The Urban Data Platform is
an interactive interface that allows users to explore, visualize, compare and download data. It aims to give a complete and consistent picture of the state and trends (i.e. past and future) of European cities using interactive and visual tools to present and analyse the data. (urbact)
This is a comprehensive database for urban researchers and alike. It includes various layers of information such as demographics, urban development and economics.
How do we experience cities, streets, squares?
How they sound? How they smell?
Good City Life creates experience-based maps for the cities, well at least for London, Barcelona, Milan, Rome, Seattle, … Good City Life team wants to challenge “the corporate rhetoric of the smart cities movement”:
To change the corporate rethoric of the smart cities movement, there is the need to study how people psychologically perceive the urban environment, and to capture that in a quantitative fashion. (Good City Life)
There are two maps available online: Chatty Maps and Smelly Maps
Chatty Maps shows how a street sounds. Covent Garden (London) sounds like human or Kingsway (London) sounds like traffic. It is quite a database for soundscape of a city!
Smelly Maps is the second amazing map the Good City Life team created. Check St Nicolas Avenue (New York) out. It smells 98% food 🙂 Wow, hell of an experience 🙂 Ouch, the Tower Bridge (London) smells like emissions, not so good 🙂
Thank you the Good City Life team for creating such amazing maps for us 😉