London’s business enclaves have a long history. Insurers have been clustered around the Lloyds market, banks around the Royal Exchange and lawyers around the Inns of Court.
More recently established enclaves, such as hedge funds in Mayfair, have proved attractive enough to lure companies to pay record-breaking rents.
Yet the latest group of arrivals, the technology giants, have helped to upset the established hierarchy of London office locations.