emmie/NJ
We should assess the stats first.
Price Waterhouse has confirmed that London's status as an economic powerhouse and magnet for innovation had helped it to “pull away” from global rivals this year.
Its report, which ranks the world’s 30 leading cities via a series of measures including ease of doing business, economic clout and liveability, put London at the top for the second straight year, ahead of cities including Singapore and Toronto.
PwC said London’s dynamism meant it would remain “agile and resilient” in the face of the Brexit vote, helping it to take advantage of “opportunities” and overcome challenges in the years ahead.
http://www.telegraph.co.uk/business/2016/09/06/why-london-will-be-an-economic-powerhouse-after-brexit/
According to Brookings Institution, London has the fifth largest metropolitan economy in the world. Some neighborhoods have estimated per capita GVA as high as £116,800. By way of comparison, London's economy is roughly the same size as that of Sweden or Iran.
London accounts for £334bn or 22% of the UK's GVA.
The gap between Londoners’ average incomes and other Britons’ has risen. The latest data showed average household income per head in London is 30pc above the UK average, up from 26pc above the UK average in 2006 (from an ONS survey in 2013).