London retains title of city with biggest clout.
| Position | Update - Brief article |
London has retained its position as the city with the world's most "economic clout", despite suffering more than most developed economies during the financial crisis.
The fourth edition of PwC's annual "Cities of Opportunity" report revealed that London, Paris and New York continued to hold the top three positions - suggesting that "economic strength, earned over time, cannot be dissipated by one financial crisis, no matter how deep or debilitating".
This was supported by the fact that the top ten cities in this year's report are all long-established urban centres of political or commercial consequence or both.
The report identified...
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