When Small Business And The Financial Sector Collide

Spitalfields (Credit: Shutterstock).

London has gone through enormous changes over the past twenty-five years. Wealth has grown, the finance sector has boomed and house prices have escalated – themes common to most global cities.

But are we in danger of losing the beating heart of London – its small shops, microbusinesses and start-ups? How does that ultimately affect property values? And what can we do to create thriving commercial and retail districts?

I talked to The Gentle Author, the anonymous writer behind Spitalfields Life – a nine-year-old blog dedicated to tracking past and present changes to East London - about how the commercial soul of the city and the City of London’s finance sector collide…to the detriment of the city’s economy.

Deborah Talbot: Spitalfields Life has become very popular and now has a mass readership. Why would you say people like it?

Gentle Author: I think that people feel alienated by contemporary cities in which they become very anonymous. These stories of everyday life are things that people are fascinated by.

I also think that the stories are almost always about people who work for themselves or run their own shops - people who have taken control of their own destiny in some way.

In the wider world, people who work at big corporations are very frustrated by their lack of control. These narratives of people who are making their own lives are fascinating for that reason too.

Read again When Small Business And The Financial Sector Collide : https://ift.tt/2JWKl3o

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