LA residents have world’s best spending power, while London ranks 23rd – just ahead of Riyadh and NicosiaThe price of renting property and shopping in London is among the highest in the world but earnings are now lower than most other major capitals, including Paris, Berlin and Madrid, according to a study by investment bank UBS.London ranked eighth most expensive city in the world in 2018, with Zurich and Geneva the priciest. But when judged by gross earnings, Londoners are 24th in the world, with salaries just half of those in Geneva and a third below the levels enjoyed by New Yorkers. Continue reading…
Source : theguardian.com
Read more…London tumbles in city rankings for rent and shopping – UBS survey















