The findings suggest that London will remain Europe’s leading global business centre despite Brexit, with London’s growth predicted to be greater than the average GDP growth of all Eurozone (2.0%) and EU28 (1.7%) cities.įrom 2017 to 2021, GDP growth in other major European business centres will trail London, with Paris’s growth forecast to be 1.7 per cent a year over that period, Frankfurt 1.5 per cent and Berlin 1.9 per cent. London’s GDP growth is set to be 2.4% a year until 2021, outperforming the likes of Paris, Frankfurt and Berlin. What’s more, the capital's cultural attractions, food scene and sporting calendar are world-leading – just a few of the reasons London is such an attractive place to live and work.”Īccording to a separate study by Oxford Economics for London & Partners, London’s economic growth is expected to be stronger than many other European cities. The Mayor of London, Sadiq Khan, said: “With its unrivalled talent pool, the presence of a huge number of global businesses across all sectors, and access to regulators, business support services and vital European markets, London is the best place in the world to do business.
The UK capital topped the ranking for culture, with overseas tourists making a record 19.1 million visits to the city in 2016. London performed well across all areas, ranking ahead of other cities including New York, Tokyo, Paris and Singapore. The report ranked 44 major cities across six key measures including: economy, research and development, culture, accessibility, the environment and liveability. The GPCI 2017 ranked London as number one, with highlights including its strong cultural offering, excellent culinary experience and accessibility. London has been named the world’s most attractive city in the Global Power City Index (GPCI) 2017, for the sixth consecutive year.
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