UK Business Thrives This Summer

London is the most vibrant city in the world and ranked the top most according to the GaWC studies that kept accountancy, law, banking/finance and advertising as the main factors to gauge the economic relevance of a city in the world. It only shared the “Alpha++” with the New York City and there are no parallels after that. The economic activities in this city were at their peak earlier this month as the London Olympics 2012 were under way that was the biggest event of the decade so far. The UK wholesalers along with all the segments of the society had a great time in this month because the business activities were in full swing.

The clothing wholesales boosted as the visitors were keen to do shopping and large number of clothes were sold. To add to the delights of the summer, the Spiderman and Batman movies were also released in the same days and their costume sales multiplied the profits. Shopping trends were to be at their highest this summer as the first quarter had already indicated and the UK wholesalers made full out of the opportunity to make it a broad success for the country.

Sporting wholesale heightened naturally due to this event and though the quarter is not over as yet, it will not really be a shock if the achievements of first and second quarters are left way behind in this one. The entire world was looking at London and thousands of visitors from across the world had come to the city for this massive event. UK businessmen had the opportunity to get a good chunk out of this event and they did. But the industry that flourished the most was the hotel industry as the visitors came here from all parts of the world and stayed in the hotels. Even the houses and rooms were rented by the spectators and the owners had a delightful time as well.

It was a great month for the UK and not only in the business but there was an overall feel good feeling in the entire country and it is hoped that if the business cycle continues to roll the way it is rolling right now, this will prove to be the final nail in the coffin of the recession era.