Economic Impact Assessment

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Economic Stimulus - 19th January 2010

In order to better understand the commercial district in Camden Town and provide meaningful development programmes and supportive policy, CTU, in conjunction with LBC comissioned an Economic Impact Assessment for Camden Town. CTU is keen to correct misconceptions around around Camden Town's primary economies; ie not simply nightlife and tourism, and through this research, gained an insight into the true economic make up of Camden Town.

The EIA revealed that Camden Town has twice the concentration of creative firms than the average for inner London, and has a higher concentration by percentage than Shoreditch, Paddington, Borough and Hammersmith. Camden Town is a hub for creative industries in London, with over 5,000 (25%) of it's workforce employed in this sector. It is therefore essential that Camden Town is recognised as a major creative industries hub, with the potential for further growth.

This report provided the basis for our 2009 activity and ongoing work programme.

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