#london-economy

#london-economy

Digital entertainment platforms have brought a wave of transformation in the global economy, especially in London. Digital entertainment refers to all forms of formally traditional activities like recreation, amusement, or enjoyment that formerly required physical interaction, but are now also delivered through electronic devices and platforms. There is a wide range of activities which are included in this, such as streaming movies on Netflix, listening to music on Spotify, playing online gambling games, the use of social media platforms, or just surfing through online content.

The average late payment to Small Businesses is £6,142, costing London's economy £2.5 billion annually, highlighting a pressing financial issue for SMEs.

Failing to back London in the spending review could cost the UK's growth mission for years to come, which highlights the necessity of supporting the capital's economy.