![]() ![]() London and New York are magnets for tourists and business travellers, attracting tens of millions of international visitors. Before Covid, unemployment rates were not hugely dissimilar at about 4% and both had enjoyed sustained periods of economic and employment growth. Both cities have populations of around nine million people and lie at the heart of wider city regions with 24 million people a piece. They share some similar underlying economic and demographic characteristics. They are global centres of finance, education, professional and health services, the creative industries, art and fashion. ![]() In broad terms, these two great iconic cities and old rivals have much in common. Big questions around the future of work and urban economies were discussed. The event was focused on exploring how London and New York’s central areas have been affected by the pandemic and how they are reinventing themselves to secure a lasting future. Last month the WPA was delighted to run a transatlantic online roundtable with Debbie Jackson, a senior director at Westminster City Council and Rosemary Scanlon, a leading expert in on the economy of New York. WPA’s Chief Economic Advisor Alexander Jan reflects on our recent Global Citiesevent hosted with New West End Company (NWEC). ![]()
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