Forbes magazine describes UK as “The best place in the world to do business”

Two years in a row, Forbes has bestowed this accolade on the UK.

Forbes based its city rankings on eight factors, including the level of foreign direct investment, the number of corporate headquarters, the amount of business types it dominates, ease of air travel to other global cities, the strength of financial services, technology and media power, and racial diversity. Using those factors, Forbes found London and New York held a “hegemony” over the rest of the world, standing far ahead of their nearest rivals, Paris and Tokyo. Rising stars were named as Singapore, currently in fifth place, Dubai in seventh and San Francisco, which is in equal 10th.

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