London has once again been declared the smartest city in the world, according to the seventh edition of the IESE Cities in Motion Index 2020. New York takes the second spot, followed by Paris. The top 10 list is rounded out by Tokyo, Reykjavik, Copenhagen, Berlin, Amsterdam, Singapore and Hong Kong. (more…)

Global spending on smart cities initiatives will total about $124 billion this year, an increase of nearly a fifth on 2019, a new report suggests. The largest share of investments (one third) is currently in more advanced electricity and gas systems. Visual surveillance, advanced public transportation, intelligent traffic management and connected back office systems follow, representing more than half of spending. (more…)

A new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. (more…)

New research from the Centre for Cities claims that we are still seeing the long-lasting consequences of the post-financial crisis self-employment boom in the UK’s cities. But too many people working for themselves lack access to training – raising concerns about their long-term security and many cities’ future economic strength. (more…)