When the Romans left Britain in the year 410 AD, after 465 years of occupation, trading continued and the river began to be impossibly busy. Eventually, (skipping over a big chunk of history here) during the reign of Queen Elizabeth the First in the 17th century, the Thames became so crowded with ships that there was almost no place for them to unload their cargo. This situation continued to deteriorate until the docks just could not cope and new docks were built in the 19th century.
Changing Times for London’s Dockland
During the Second World War the docks sustained enormous damage when German bombs rained down upon them. In one night, close to 400,000 tons of timber was destroyed and after the war ended a massive re-building project was undertaken and the docks once more became prosperous. In the 1960s and 1970s, however, the new system of container shipping came into being and this was the kiss of death for Docklands. London’s docks were not equipped to deal with the much larger ships and the shipping industry moved to deep-water ports some distance away. Unemployment was rife and social problems increased.
London’s Dockland Rescued
In 1982 the government intervened to save Docklands by designating the area as an enterprise zone, in which businesses were exempt from property taxes. Other incentives also were on the table: capital allowance for a start. This was an enormous benefit to Docklands and was instrumental in starting a property boom in the area. During the past couple of decades the Docklands area has become a desirable area in which to live as well as becoming a major business centre.
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