Economy & Employment

Croydon is a major economic centre in London and a primary retail, leisure and cultural destination for the South East. It is also a major contributor of labour and skills to the London economy and is recognised in the London Plan as an important strategic location for business activity and transport infrastructure.

Over the last decade Croydon’s economy has been hampered by an overdependence on retail, business services and public sector jobs and a surplus of lower grade office accommodation. The latest economic development strategies and regeneration plans recognise the need to focus on supporting local business, driving economic growth, and facilitating new business and inward investment.