London beats global rivals to stay in top spot for businesses

London is still at the top of the pile as the best city for businesses to establish global teams and create innovative ideas.

According to new figures from the City of London Corporation and the City Property Association, 37% of more than 450 senior leaders of large companies surveyed placed the UK capital ahead of New York (26%), Paris (20%) and Singapore (17%) as the best place to locate their global teams.

In addition, 35% of respondents rated London as the global frontrunner for innovation that increases revenue, with New York just behind (31%) followed by Singapore