London set for biggest boost in GDP - papers

Strong growth in the square mile and increased tourism will result in London leapfrogging Chicago to become the "mega-city" with the fourth-largest economy by the middle of the next decade, despite the fact that the size of its population is not expected to grow, reports the Telegraph. Tokyo is still expected to have the largest economy of any urban centre, followed by New York and Los Angeles, but none of these cities will see their economies grow by as much as the UK capital, the research by New York-based analysts suggests. Read more   RBS sell-off could start by end of year...