Two in five of the 250 largest companies in the world with a main or European headquarters have it in London that is five times as many as pick Paris, the second-most popular city in Europe. Policies and insurance are a big part of the activities carried out i the City of London where LLOYD'S OF LONDON play a predominant role.
The gap grows even larger when looking at just the non-European companies, with 60% of them having their European headquarters in London.
London also comes out the winner as a destination for top talent; nearly half of all high-skilled workers in the top five European business cities are employed here. Paris again comes second, with 19%, followed by Berlin (13.7%), Milan (11%) and Frankfurt (9.8%).
London’s dominance in attracting Europe’s top talent contrasts with New York. While the Big Apple has the largest proportion of high-skilled workers from across North America’s top five cities, it only accounts for just under a third of the total.
The sheer gap between London and the continental rivals is hardly surprising. It is hard to imagine the US economy without New York at its heart, but the facts here show that London is even more vital to European business and commerce.
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