The Confederation of British Industry (CBI) and KPMG have found that 86 per cent of senior executives see London as a good place to do business.
Fewer firms have reported that their value is falling, while 47 per cent of companies say they are optimistic about their future prospects.
Richard Reid, London chairman of KPMG, says that it is encouraging to see this trend but highlights the importance of keeping the UK's recent financial difficulties in mind.
He says: 'The capital is facing challenges on many fronts - not just from the tough economic conditions but from new emerging financial centres and there is real concern of a regulatory backlash.'
Earlier this month, million+ chief executive Pam Tamlow claimed that more university places being made available would help people find IT jobs more easily.
Fewer firms have reported that their value is falling, while 47 per cent of companies say they are optimistic about their future prospects.
Richard Reid, London chairman of KPMG, says that it is encouraging to see this trend but highlights the importance of keeping the UK's recent financial difficulties in mind.
He says: 'The capital is facing challenges on many fronts - not just from the tough economic conditions but from new emerging financial centres and there is real concern of a regulatory backlash.'
Earlier this month, million+ chief executive Pam Tamlow claimed that more university places being made available would help people find IT jobs more easily.
