Joel Kotkin, from Forbes Magazine, said that London was “a preferred domicile for the global rich, London is not only the historic capital of the English language, which contributes to its status as a powerful media hub and major advertising center, but it’s also the birthplace of the cultural, legal and business practices that define global capitalism.”
In a recent survey by Forbes magazine, London was found to be the number one city for business. It is hugely affluent and has a population of 9 million making it one of the biggest cities in the world. The survey looked at a number of factors, including the amount of foreign investment. Forbes Magazine considers this an important element as it shows that people are choosing to invest their money in London rather than other cities, demonstrating that they see it as a better investment.
Forbes Magazine looked at how many business niches there are. This is a good indication of how stable the economy is and it also indicates the number of people that want to invest. The more niches, the less dependent the city is on a particular industry. London performed well in this category too and was top in Europe for technology start-ups. According to the Genome project, there are 3000 tech companies in London. Google has a large presence in London, with its second biggest office there. Only Silicon Valley is bigger. They also looked at the number of headquarters per capita and London came out on top being home to 68 companies on Forbes Global 2000 list.
Tony Steedman from W12 Conferences, a great venue for a conference, said: “London is a great place to hold a conference. It is the number 1 city for business, it is well located with great transport links, not to mention it has some great conference venues.”
W12 Conferences is based in West London, close to White City. It is easy to get to by both car and train and it has bright and modern rooms that have a good look and feel. They are also equipped with great audio visual equipment.”
Company Name: W12 Conferences
Contact Person: Tony Steedman
Address:W12 Conferences, Artillery Lane, 150 Du Cane Road
State: Greater London
Country: United Kingdom