The Centre for London argues investment outside of London should not come at the expense of the capital.
The think tank carried out focus groups involving 2,000 people from London and elsewhere to find out how people feel about London's dominant status as the country's only "global" city.
Indeed, in 2019 before the Covid-19 pandemic, London was visited by nearly 22 million tourists - around 63% of the total number who visited England and more than 53% of those who visited the UK.Their spending supported one in seven of all jobs in London, 700,000 of them, and nearly 12% of the city's economic output, according to researchers.
According to the report, the capital "kickstarts" innovations in public transport such as contactless payment, helping to make London fundamental to the UK's productivity and creativity.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Anti-London policies will slow UK's financial recovery, report saysThe Centre for London says levelling up outside of the capital should not come at its expense.
Read more »
London Horniman museum to hand back stolen Benin bronzes to NigeriaThe Horniman museum in London is handing back 72 Benin bronzes to the Nigerian government. The artefacts were looted from West Africa by British soldiers in 1897 - as kemenzerem reports.
Read more »
Horror as man stabbed to death in broad daylight in central London streetPolice have now confirmed the pedestrian stabbed to death was a young man in his 20s, in yet another killing after a weekend of violence in London
Read more »
Christmas will start early for one lucky Victoria Centre shopperThe person who guesses the exact value will win all the prizes
Read more »
Horror as pedestrian stabbed to death in broad daylight in central London streetA pedestrian has been knifed to death in broad daylight on a central London street
Read more »
Huge clouds of smoke after ‘explosion’ in LondonHackney Police has said it has received multiple reports after huge flashes of lightning were seen in north London.
Read more »