Central London by the statue of King Charles I at the junction of the Strand, Whitehall and Cockspur Street, just south of Trafalgar Square. The London Plan defines the "Central Activities Zone" policy area, which comprises the City of London, most of Westminster and the inner parts of Camden, Islington, Hackney, Tower Hamlets, Southwark, Lambeth, Kensington & Chelsea and Wandsworth. It is described as "a unique cluster of vitally important activities including central government offices, headquarters and embassies, the largest concentration of London's financial and business services sector and the offices of trade, professional bodies, institutions, associations, communications, publishing, advertising and the
East London Tech City East London Tech City East London Tech City (also known as Tech City and Silicon Roundabout) is the term for a technology cluster of high-tech companies located in Shoreditch/St Luke's and also in Hackney Wick in London, England. Its nucleus broadly occupies an area between St Luke's and Hackney Road. A cluster of web businesses initially developed around the Old Street Roundabout in 2008. The area had historically been relatively run down compared to the City. The 2008–09 recession further suppressed rents through the closure of numerous firms, making it affordable to technology start-ups, while redundancies from financial services companies,