The closure of firms in the inner city: the South East London case 1970–75

Abstract

Gripaios P. (1977) The closure of firms in the inner city: the South East London case 1970–75, Reg. Studies 11, 1–6. There has been a significant fall in employment in inner London since around 1961. Associated with this decline has been a reduction in the stock of industry, as firms have ceased production or relocated outwards. Examination of 359 establishment closures in the south east part of inner London since 1970 reveals that most closures involve firm deaths. This high death rate is a feature of closures in each non primary industry order, indicating possible long term multiplier effects of past decentralisation. The ending of decentralisation policy is unlikely to have much impact on this loss of firms.