The results from the Think London FDI Barometer coincide with the UK government's plans to support a new technology cluster in East London, Tech City.

• Four in five senior executives from foreign direct investment (FDI) companies with a London presence (82%) agree that London provides a particularly good environment for strongly innovative companies – only 6% disagree with this statement.
• Around nine in 10 agree that London is helpful for business culture and supply of talent, and six in ten for R&D and the regulatory environment.

These are the results of the most recent Think London FDI Barometer, a regular independent survey of around 300 overseas businesses in London, which represent 100,000 employees in the capital. This is the first time the results have been released by Think London.

Michael Charlton, Chief Executive of Think London, said: "Now we have robust quantitative research to add weight to the optimistic anecdotal information we hear from our clients. It is extremely heartening to see that overseas businesses view London in such a positive light.

"The findings of this survey also add weight to the fact that big technology and digital players like Cisco, Intel, Google and Facebook keep investing in London as a business location. Their commitment fuels the 700% growth in the number of tech companies over the past three years in East London."

The survey results also found that 95% of respondents are satisfied about doing business in London. Compared with the last survey undertaken just before the new UK budget was announced in June 2010, overseas businesses have increased their already high levels of satisfaction.

While the overall percentage of overseas executives being satisfied or very satisfied with their London presence remained unchanged at 95%, the number of respondents being "very satisfied" with London as a location for their business has increased by 15 percentage points (47 to 62%), leaving those only being satisfied at only 33%.