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The Globalist's Global Cities: London

By The Globalist

1.Londoners earn about 30% more than the average Briton.
2.Some 43% of London's children live in poverty.
3. In 2006, executives in London's financial district were paid bonuses amounting to about $18.4 billion.
4.Prime office space averages $191 per square foot per year in London - compared with $159.20 in Tokyo, $85.60 in Paris and $54.60 in New York.
5.London accounts for only 13% of the British population, but pays 19% of the country's taxes - and generates 31% of its GDP.
6.London's underground train network and double-decker buses are monitored by network of 3,400 cameras.
7. As a result, the average commuter can be caught on videotape about 300 times a day.
8.

One million Muslims live in London, where they make up one-eighth of the city's population.

9. All told, foreign-born residents make up about 30% of London's population.
10.

Russians are thought to have bought almost 25% of the London homes sold for more than $15 million in 2006 - and 60% of those costing more than $20 million.

Sources: 1. Prospect; 2. Financial Times; 3. The Economist; 4. CBRE Research; 5. OECD/Prospect; 6. Washington Post; 7. Washington Post; 8. New York Times Magazine; 9. Financial Times; 10. New York Times
 

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