ABSTRACT
This chapter presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book explains the rising importance of financial services in London and the UK by reference to the structural problems facing Britain's, other western economies. The crises of mass production industries in the 1970s generated a response which took shape in the 1980s and which created a process of financialisation, a process conducted by financial and non-financial corporate institutions and facilitated by successive governments, especially in the USA and Britain. New York and London demonstrated similar patterns of economic development over recent decades a hollowing out of production, a disproportionate rise and dependency upon financial and business services and a tendency for employment to distribute between high and low skilled occupations. East London's manufacturing industries and his analysis of recent policy initiatives that emphasise the developing of green technologies and high tech clusters of firms in the east of the city.
