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Thursday 09 October 2014 9:07 pm  |  Updated:  Friday 07 June 2019 12:19 pm

London ranked world’s best for business and innovation

By: Guy Bentley

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LONDON has topped a survey measuring attractiveness for innovation and business and a host of other metrics.

In yet another feather in the capital’s cap, Japan’s Global Power City Index saw London retain its place at the top, beating other global power hubs such as New York and Tokyo.

The index ranks the world’s major cities according to their “magnetism”. This means their ability to attract the best and the brightest from all over the world and “mobilising their assets in securing economic, social and environmental development”.

Not only did London retain the number one spot but it widened its lead over New York. London’s total score jumped by 28 points, with most other cities seeing little change. A total of 40 of the world’s leading cities were selected to be a part of the index.

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