|London's figurehead Boris Johnson|
Recently Boris went on a trade mission to India to promote London and opened an office there solely to champion the city. And that’s not London’s only overseas office. We have six worldwide, including in China and the USA, there exclusively to promote tourism and business investment in London. London is the financial capital of the world according to the Global Financial Centres Index, with New York second and Hong Kong third. Despite the global financial crisis London has managed to maintain that top position and this years trading is looking positive with the FTSE closing at an all time high in March. While the EU seems to do everything it can to try and restrict the City, the government has so far largely managed to prevent these measures, with the notable exception of the bonus cap.
|The Shard, tallest building in|
London’s dominance in the UK economy looks set to remain for the foreseeable future. It is the London mayor that provides the vision and leadership to move the city forward as well as promoting it to the rest of the world. If other cities in Britain want to follow in the footsteps of London perhaps they should consider mayors too. But during the mayoral referendums last year, Bristol was the only city that chose to create the position. The others may have missed out on a good opportunity to have a figurehead of their city.
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