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Finn-Ole Wulf

on 8 June 2013

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Transcript of London

London History Politics Multiculturalism Fashion, Shopping,
and Sights Economy and
social disparities Londinium was founded by the Romans
50 A.D.

The city became the capital of the Roman province

After the end of the Roman Empire Londinium was destroyed by the Anglo-Saxons
In the 5th century the city was in ruins nearly every third inhabitant of London has got foreign roots

300 languages were spoken in London and
there are people from more than 90 countries

The ethnic groups try to isolate themselves
from other groups

Multicultural population is mostly connected to the colonial history of Britain

400.000 Indian people live in London A lot of different religions were practiced in London (150 mosques)

Multiculturalism as a self-conception

The multiculturalism is reflected in all social areas (e.g. food)

The youth prefer a mixture of different ethnic styles

There are also often integration problems

After the so called 7 July 2005 London bombings, some people called London “Londonistan” Harrods
established by Charles Henry in 1824

has over 90,000 m2 >> biggest department store in Europe

the KaDeWe has a retail space of 60,000 m2 330 shops with a wide range of products & services
clothing for women, men, children & infants, -electronics,
sporting gear,
bridal trousseau,
pets & pet accessories,
32 restaurants,
health & beauty items,
beauty spa
barbers shop & much more Dress code:
you are not allowed to enter the store, if you are wearing:
Bermuda or beach shorts,
athletics singlets
cycling shorts,
flip flops,
bare midriff or bare feet, if you are excessively sweaty Charity Shop
a charity shop is a retail establishment run by a charitable organization to raise money

a type of social enterprise

sell mainly used goods donated by members of the public

the items can be sold at cheap prices because the business costs are low and the items were dispensed

one of the first Red Cross shops was opened at 17 Old Bond Street in London as early as 1941 all goods offered for sale were gifts, purchase for re-sale was forbidden

Oxfam has the largest number of charity shops in the UK with over 700 stores

in expensive areas, donations includes a proportion of good quality designer clothing and charity shops in these areas are sought out for cut-price fashions

almost all charity shops sell their unsold textiles to textile processors London Fashion week
an apparel trade show held in London twice each year, in February and September

one of the “Big Four” fashion weeks, along with New York Fashion Week, Milan Fashion Week and Paris Fashion Week

organized by British Fashion Council (BFC) and funded by a number of sponsors (including principal sponsor Vodafone)

over 5000 visitors attend, buyers, TV and radio crews, journalists and photographers, 60 catwalk shows and 20 presentations, Over 120 ready-to-wear and accessories designers each season The Anglo-Saxons rebuilt London and protect the city from the vikings

In 1066 the Normans conquered Britain and they gave London the town law

During the medieval London could improve his location as a centre of trade and guild craft In the 16th London takes a development to most important trade centre in Europe

About 1600 the city had nearly 225.000 inhabitants

At the end of the 17th century London was the most important financial centre in the world In the Victorian Era London became the world capital

This time was the base for the economic power, the multiculturalism and infrastructure of the city

The fist half of the 20th century was dominated by the WWII After the WWII Britain loosed its standing as a global power but London is still a powerful city

With the policy of Margret Thather and the economic globalization the financial centre reached an new level

In the new millennium the terrorism and the problems of multiculturalism were important 38% of the global trade with foreign exchange and 46% of the trade with credit derivates is based in London

Volume of the forex-trade: 1,2 trillion a day

The half of the global stock-trading and every second IPO is transact from London London has one of the highest population of investment bankers, lawyers, consultants and hedge-fonds managers

About 300.000 o 400.000 empolyers work in a field which is related to the financial market

20-30% of the GDP of the UK were earned in London Reasons for the importance of the financial sector is deregulation of M. Thatcher in the 80s

Today the City of London is administered by the Corporation of London

Every regulation of the financial sector was blocked by the British Government

But since the crisis 2007 and the scandals in the industry London looses his top position The financial centre is one reason for the high level of social disparities in London

The richest 10% earns 273-times more money than the poorest 10%

The banks look for the best human capital they could find but the children of the poor people cannot afford a study at the target universities

Another reason is that the immigrants are not well integrated in the society
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