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London named as European City of the Future

London has been named as fDi Magazine’s European City of the Future 2014/15.

The study by the magazine – a Financial Times publication – looks at the most promising investment locations in Europe.

According to the magazine, London demonstrated a clear strategy for attracting foreign direct investment and ranked first place in the Economic Potential category for major European cities.

The city also ranked second in the Infrastructure category, in part due to its forthcoming Crossrail project – the largest civil engineering project in Europe.

The Mayor of London, Boris Johnson, said: “I am very pleased that London has once again been recognised for its exceptional ability to attract investment from the world’s leading companies. With an extremely business-friendly environment, a highly talented workforce and easy access to global markets, London is the business capital of Europe, and we will continue to work hard to encourage more firms to invest here.”

London ranked:

Top overall city in the European Cities of the Future awards 2014
Top major city overall
Top city in UK and Ireland
Top city in Northern Europe for FDI strategy
Top major city for economic potential
Top major city for business friendliness
Runner-up in major cities for FDI strategy
Runner-up in major cities for infrastructure
Top 10 major city for human capital and lifestyle

The awards ceremony will take place at the MIPIM conference in Cannes, France on 12 March.

Notes to Editors

Contact

Please contact Norval Scott, Media & PR Manager - FDI, nscott@londonandpartners.com