Oxford Economics has recognized London as a leading city globally for the tenth consecutive year, ranking it second on the Global City Index, just behind New York. London scored 98.5, reflecting its exemplary status in human capital, driven by factors such as educational attainment and a robust presence of corporate headquarters. While the city excels in many areas, it faces challenges like high housing costs and economic inequities. Nonetheless, Oxford Economics believes London will remain a top contender, potentially rivaling New York for dominance in the future.
Oxford Economics underscores London as a ‘perpetually relevant locale for business, science and technology, education, and the arts,’ highlighting its enduring importance in these sectors.
With a score of 98.5, London remains in second place on the Global City Index, showcasing its strengths in human capital, universities, and economic output.
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