Top 10 most competitive cities

Sarah Coles
New York
New York

Mark Lennihan/AP/Press Association Images

New York, Paris, Milan, Peckham... the city you base your business in can make all the difference to whether or not some day you will be a billionaire. So where should big business be heading, and where does the UK feature?

A study by the Economic Intelligence Unit has identified the ten most competitive cities in the world. It identified competitiveness as the ability to attract business, talent and visitors - by rating them on a whole host of attributes, from economic strength and human capital to institutional effectiveness and social and cultural character. Overall, it reveals it's not just size that counts - and that when it comes to the decline of the West - there's life in the old dog yet.