The Strand is a street in London that is part of the City of Westminster. It used to be home to several grand mansions, as well as a number of Victorian theatres, and public houses; however, nearly all of them have since been demolished. Today, the area is mainly known for the Savoy Hotel,
Kings College London, the Courtauld Institute of Art, Twinings, and the Coutts & Co Bank headquarters.
The estimated population of the City of Westminster is 219,396, which includes the residents of St Marylebone, Paddington, Soho, St. James's, Westminster, Pimlico, Hyde Park, Belgravia, The Strand, and Mayfair. There are plenty of employment opportunities in and around the area of 8 square miles, with a high proportion of finance, entertainment, and retail staff being employed at Oxford Street shops, West End theatres, and large corporation headquarters.
Major employers in the area include BAE, the BBC, BP, British American Tobacco, Marks & Spencer, Rolls-Royce, Gulf Oil International, Informa, AstraZeneca, the Economist Group, Pearson PLC, DEFRA, John Lewis, the Ministry of Defence, Selfridges, and Houlihan Lokey.
The average full-time salary is £57,737, and recruitment agencies say that the current unemployment rate of 2.9% is a positive indicator of a healthy local economy.