In terms of foreign exchange market turnover, the UK isn’t just the leader, it’s still gaining ground, according to the Bank of International Settlements
Financial Capital
"In terms of foreign exchange market turnover, the UK isn’t just the leader, it’s still gaining ground, according to the Bank of International Settlements. In 1998, 32.6% of the world’s forex trading was done in the UK (almost all of which takes place in London), against 18.3% in the US. By 2013, the UK had grown to make up 40.9% of the global market, seeing a daily average of $US2.73 trillion in turnover. Every day."
Desirability to work
"When the Boston Consulting Group polled more than 200,000 people in 189 countries, London trounced the rest of the world when it came to where they would move to work. Unprompted, 16% of respondents said they’d move to the city, well clear of New York’s 12.2%."
Desirability to live
"London reigns at the top of Knight Frank’s global wealth report in 2014. Endless anecdotes in the reports show exactly where the world’s wealthiest people want to own homes, and the British capital comes out ahead of New York."
Culture
"According to Japan’s Institute for Urban Strategies, London takes a commanding lead over New York on cultural grounds (along with every other major city). That’s based on a blend of how trend-setting the city is, cultural resources, and facilities for visitors."
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