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Its population expanded from 1 million in 1800 to 6.7 million a century later.

When did London become a global city?ĭuring the 19th century, London was transformed into the world’s largest city and capital of the British Empire. What makes city a global city?Ī global city has wealth, power and influence to other countries as well as hosts the largest capital markets.London, New York, Paris, Rome and Tokyo are one of the most well-known global cities as it provides global competitiveness for its citizens and companies. This status makes it being a very important meeting point where big decisions are taken in every possible sector of activities.

To conclude London is a global city because it is a place where culture, power and innovation goes together. The major global centres of the world are New York, London, Tokyo, Paris…The term global city was first used in 1991 (by a sociologist called Saskia Sassen, The Global City: New York, London, Tokyo) [art. A decline in GDP saw its economy score fall for the second consecutive year. The city had the highest score for cultural interaction as well as accessibility, a title previously held by Paris. The 2020 rankings place London in the top 10 for all categories except environment. Business activities in London are also of a very high index. This index is based on the rich human resource and the cultural wealth and other strengths. Reasons why London is a global city.According to Bloomberg Businessweek (2010), London ranks second after New York.