20.03.2007
London and New York continue fight for 'business capital of the world' title
New York City and London are both proclaiming to have come out on top when matched up against a group of world capitals. City officials from London and business leaders from New York are brandishing dueling studies on the global competitiveness of their hometowns, whose rivalry for the title of business capital of the world has been intensifying in the past few years. A study commissioned by the Partnership for New York City, due out Tuesday, found that New York ranked first in "financial clout," ahead of London, Paris, Tokyo and seven other big cities. But a separate survey commissioned by the City of London, released last week, concluded that London had surpassed New York as a global financial center.
Read the full article by BBC News.
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