The World’s Best Cities report makes London the top City followed closing by New York and Paris. London has had top spot for 10 years. The Report is based on core statistics plus a survey of visitors and residents. It is created by Resonance, a consultancy group working in real estate, tourism, and economic development. They are based in Vancouver.
This is what the report says about London:
Rankings: Lovability (1), Prosperity (2), Livability (3)
“Navigating the complexities of a post-Brexit era, geopolitical uncertainties and economic challenges, London’s resilient spirit and unmatched global appeal have solidified its place at the pinnacle of our annual ranking,“
AFAR gives a good analysis of Resonance’s methods on its web site:
‘England’s capital snagged the top spot for the 10th year in a row, continuing to draw students, investors, and tourists alike. A $305 million upgrade of the Gatwick Airport and new metro stops on the Elizabeth line are a few of the developments that indicate the city’s focus on improving infrastructure. Resonance particularly spotlights the building of the Camden Highline, a mile-long greenway inspired by New York’s High Line, as a project that demonstrates “London’s dedication to enhancing quality of life for both residents and visitors.”
London No 1. Really?
Or is it a fix? It was a bit of a surprise to me given the hit Brexit has given to the City. But, London’s dominance for ten years may be because of the consultancy’s focus on real estate as well as tourism and economic development. This gives London a head start as it has long been considered a very safe place to invest in property. London, New York, Paris, Tokyo, Singapore as 1-5 also suggests the report writers might have a bias to the big hitters.
What London offers is its status as one of the world’s leading financial/business capitals. Supported by outstanding creative and services industries. At the same time, it has a superb cultural offering and, consequently, high figures for tourism. It is a City that seems to have a deep past behind it and an equally important future ahead.
The future might depend on the growing Knowledge Quarter around Kings Cross. (British Museum & Library, Wellcome Institute, Crick Institute, UCL, Central St. Martins, Google etc.) With Silicone Roundabout and the wealth of investments from the nearby City of London, providing London with a leading place in AI, the Knowledge economy, and Fintech. London also has a very high value on the internet as far as hashtags, and internet searches are concerned.
Written on Jan 8th 2025
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I’m not sure Elton Musk likes this…
But do we care?