London in comparison to New York: It was found that London has figured out how to climb the rankings since 2008 to end up as the most worldwide of global urban communities. This year, London performed better in two of the five points: social trade and business movement. Despite the fact that New York kept up its position in human capital, London shut the gap in between them. London has observed a change in the exchange of the knowledge and information. As New York's political engagement has dropped 10% as London's has expanded 33%.
Also, Buses are the busiest method of transport in London. 66% more trips are gone up against them than on the Underground. Until 2014 traveler numbers had been developing consistently for about 10 years. In the previous three years they have fallen by around 6%. The
…show more content…
However it is not the top in the world
New York and London are both powerhouse cities, competitive in everything from fashion, music, and finance, to now even start-ups and high tech. In recent years, the long debate over which is the world’s most economically powerful city has reached something of a fever pitch
London’s position as a center of global trade and finance is at once a source of resilience and vulnerability. London’s economy has shown itself to be diverse enough to absorb major shocks so far, but the future of the financial sector is highly significant to the future of London. The future of London’s finance sector depends on the recovery of the global economy and the development of the Asian economies, which may increasingly attract financial as well as manufacturing industries. Past investments in infrastructure and human capital provide a strong foundation for maintaining a position of global strength, though by no means secure it. This event will explore the key actions that need to be undertaken to maintain, grow and diversify London’s economic strength in the years