This paper examines the location patterns of early overseas multinatio
nals in Britain over the period 1900-1939, together with the factors i
nfluencing their location. The London conurbation is I;shown to have a
ttracted the majority of early multinationals, with significant long t
erm consequences fbr British regional development. The key attractions
of London were its strong market links, industrial estate facilities
and (particularly road) transport infrastructure. Cheaper labour in Br
itain's provincial regions did not generally prove a significant attra
ction to foreign firms, due to their heavy reliance on female and juve
nile labour and the ample supply of such labour in Greater London.