London lures global luxury and tech

London remains one of the key global retail locations for luxury and technology brands despite a turbulent Q1 2018 for the UK retail market, according to the latest research by BNP Paribas Real Estate. Despite a raft of administrations and current constrains on domestic spending, retail was the biggest beneficiary of tourist expenditure within London, accounting for 46.7% of total spend, rising to 63.2% when adding Food & Beverage figures (Mastercard Destination Cities Index, 2017). With beneficial exchange rates for international consumers, tourists continue to flock to London, which ranked as the second most visited city in the world, with