Leeds climbs business city league table

08/10/2009

Leeds has moved into the top 25 European cities for business, according to the 20th annual European Cities Monitor report from Cushman & Wakefield.

The Yorkshire city has moved up to 24th from 28th..

London has retained its position as the best business city in Europe ahead of Paris and Frankfurt.

European Cities Monitor is based on interviews with senior managers and board directors in charge of location for 500 of Europe’s largest companies. 

From the research it produces an overall ranking of which European city is considered by the business community to be "best for business" and the "best city in which to locate a business today".

In addition to the overall ranking, 34 cities are ranked against a number of criteria such as quality of life, telecommunications, access to markets, availability and quality of staff, cost of office space and transport links.

James Young, City of London office head at Cushman & Wakefield, said: “Since the collapse of Lehman Brothers just over a year ago, London has been through a pretty turbulent time. 

"This year’s survey, however, is evidence that it has not lost its position as Europe’s and probably the world’s leading business and financial centre."

By Ian Briggs - Deputy Editor. www.thebusinessdesk.com