London is the world’s best city for business

London ranks first for the second time in a row in the 2016 edition of the study "Cities of Opportunity" PwC, analysis that focuses on the 30 largest global financial centers. Singapore is ranked second, followed by Toronto, while Paris and Amsterdam completed the top five.

London specifically scores high marks in the areas: economic clout, intellectual capital and international accessibility. However, PwC stresses that Brexit should be expected to influence London's placement in the ranking in upcoming years. 

Bob Moritz, Chairman of PricewaterhouseCoopers International, comments: “Over half the world’s population live in cities, and they represent engines of global or regional economies. A good life is not a luxury in these cities, it’s a basic requirement for cities and businesses to get and keep talent.  Strong performing cities are those planning and providing across all the measures of the long-term quality of life of its citizens. Having the infrastructure in place – social, economic and physical – builds stronger communities and in turn the resilience of the city no matter what it faces.”

The report assessed 30 global cities based on 10 economic and social health indicators, including transportation and infrastructure, ease of doing business, demographics and livability, technology readiness and cost. The performance is based on a methodology using data mostly from 2014-2015.

Top 10 global cities of opportunity (PWC):

  1 – London
  2 – Singapore
  3 – Toronto
  4 – Paris
  5 – Amsterdam
  6 – New York
  7 – Stockholm
  8 – San Francisco
  9 – Hong Kong
10 – Sydney

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