Despite the continued uncertainty regarding on-going Brexit negotiations, the UK has been ranked as the "Best country for business" in Forbes 12th annual survey of 153 countries.
The UK ranked highly in all 15 categories measured, including innovation, taxes and technology,
and its first place ranking is a significant improvement on its 5th place ranking last year - due in part to its strong growth in GDP, and unemployment figures at a 42-year low.
While much uncertainty remains in the run up to the UK exiting the EU in March 2019, the result of this survey, alongside positive GDP figures and substantial inward investment in the UK since the referendum by companies including Apple, BMW, Facebook, Google, Nissan and Wells Fargo is another reason for business optimism in 2018.
“The best thing going for the U.K. is that London is one of three global hubs for financial services," says Lessard. "Post-Brexit, a few European cities have the opportunity to challenge London but each has deficiencies.”