In common with much of the south bank of the Thames, the Borough has seen extensive regeneration in the last decade. Declining wharfage trade, light industry and factories have given way to residential development, shops, restaurants, galleries, bars and most notably major office developments housing international headquarters of accountancy, legal and other professional services consultancies, most notably along London Bridge City and More London between Tooley Street and the riverside. The area is in easy walking distance of the City and the West End. As such it has become a major business centre with many national and international corporations, professional practices and publishers locating to the area. London's tallest skyscraper, the Shard, is next to London Bridge Station.
in common wITH mUCh of thE south Bank oF tHe thAMEs, The BorOugh hAs seen exteNSive reGeneratiOn in tHe lasT deCADE. decLIning WharFage trade, light InduSTry and FActorieS have given WAy to ReSidentIAL DeveloPmENt, shopS, rEStauRants, GalLeRIeS, bArs and mosT notABLy MAjor OFfiCE devElOpments hOUsing iNteRnAtional heAdqUaRTers of ACcouNtancy, legal and other prOfeSsioNAl SeRvIces coNsultANcIes, mOst Notably alONG londON BridGe city aND moRe London between TOoley stReeT anD tHe rIvErsIde. tHe aREa IS In eAsY waLkIng dIstancE of the cIty and the West End. as such IT Has bEComE a MajoR BusINesS centre WiTh mANY National aNd INTerNaTIONal corpoRatIonS, ProfesSiONal PrACTicES and PUbLIsheRs loCATing TO the arEa. loNDon's taLlesT skyscrAPeR, tHe Shard, is nexT To lOndon brIdGe station.