News

Islington has a dynamic local economy characterised by its diversity, entrepreneurialism, innovation, strategic location, and ongoing investment, making it a vibrant and thriving borough within London’s economic landscape. 

A young traders market was held at the newly improved Chapel Market, giving young entrepreneurs aged 16-30 an opportunity to show off their wares, meet new customers and hone their business skills.

Small businesses in Islington can now apply for £5,000 circular economy grants to help them minimise waste and try new sustainable practices. 

Old Street is one of the business success stories of the UK. Companies working in tech, creative and ‘knowledge’ businesses are clustered together in the busy streets of south Islington and neighbouring boroughs. These sectors drive much of the UK economy. In London, the tech sector is growing more than two and a half times faster than the UK average and contributes £184bn to the British economy. 

The winners of this year’s Market Trader of the Year competition were announced at the council’s festive event at Chapel Market on Saturday 2 December.  

Islington Council is asking shoppers to nominate their favourite stall holders for this year’s Market Trader of the Year competition.

Islington will be transformed into a glittering winter wonderland this month as the borough’s high streets switch on their festive lights.  

Islington Council has transformed two formerly unused spaces into dedicated venues to support local young people into employment, training and education.  

Islington Council has taken action to protect the borough’s high streets after the Government brought in new planning rules making it easier for property developers to turn commercial properties into expensive homes.

Archway has been designated by the Mayor of London as a Creative Enterprise Zone, a status which affirms the council’s commitment to boosting the area’s creative economy.

Islington will be transformed into a twinkling winter wonderland this month as the borough’s high streets switch on their festive lights. There will be loads of fun activities and great opportunities to support the fantastic small businesses in the borough.

Islington’s ground-breaking affordable workspace programme – which gives budding entrepreneurs from often excluded communities the tools to thrive, helping to make the borough a more equal place – has delivered more than £1.24million worth of uplift to the local economy in its first two years.