Cities of opportunity 6 – London takes the top spot

Cities of Opportunity 6 analyses the development of 30 global cities, and through their performance seeks to add insight on the policies and actions that make cities function best.

#London claims top spot as a centre for business, finance and culture for 1st time, in latest Cities of Opportunity

London is:

1 an economic powerhouse

2 a gateway to the globe

3 technologically on top of its game, and

4 the global capital of higher education.

London has claimed top spot as a centre for business, finance and culture for the first time, in Cities of Opportunity - our sixth annual index of 30 major cities internationally.

The city’s economic clout, reputation as an urban gateway, technology access, and development and design capabilities topped a strong performance across a range of indicators measuring how major international cities are developing.

Reinforcing London's growing reputation as a tech hub, the report finds the city is “technologically on top of its game” leaping from eighth place in last year’s report to joint first with Seoul for technology readiness this year.

London gets top ranking for software and multimedia development and design, finishes second overall for broadband quality (up 12 places on last year), and ranks third behind only Singapore and Seoul for internet access in schools.

The UK capital finishes a narrow second to Paris in intellectual capital and innovation, up on last year’s performance, with strong performance in the number of people in higher education, the quality of universities, and access to libraries. Only Sydney beats the capital for demographics and liveability, both key areas for future urban prosperity assessed in the report.

But the report warns that London's performance in terms of cost and the environment could be better, with the city slipping to mid table overall against its competitors on cost, sustainability and the environment.

Download the full report here or click here to explore the data further.