London still the top business location in Europe
Thu, 08 Oct 2009
London remains the best city in Europe to locate a business, according to a new poll.
The European Cities Monitor has named the UK capital as the top commercial metropolis for the 20th consecutive year, despite the banking crisis having a noticeable impact on the City.
Conducted annually by commercial property and real estate brokers Cushman & Wakefield, the study rated London as being best in Europe across a number of categories, including transport links and access to markets.
The variety of languages spoken, skilled workforce, level of training available and international market role of the capital were also flagged up as plus points.
Darren Johnson, chair of the London Assembly, said the accolade reflected well on the general standard of life in the capital.
He added: "In many ways, what is good for Londoners themselves in terms of a healthy environment, a good quality of life and a good transport system are also things that are important for business."
However, he warned that the city's authorities should not become complacent, as issues such as pollution and air quality require serious attention.
Paris was second in the monitor rankings, followed closely by Frankfurt, Barcelona and Brussels.
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