The economic benefit of the 2012 London Olympics has already surpassed its £11bn target, more than two years ahead of projections.
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London is not the only British city, says lobby group Core Cities, which is calling for greater decentralisation in the UK.
A Western Union survey of UK SMEs reveals an optimistic mood. However, another report warns that medium-sized companies in the country are not receiving sufficient assistance when it comes to exports.
England's enterprise zones have been given a £100m injection to help complete infrastructure projects.
The UK city of Birmingham is hoping to attract more investment from India after a new air route between the two was opened.
M&A activity involving western European target companies is down in August, according to M&A tracker Zephyr.
Cardiff is emerging as an unlikely hub for the television and film sector, where businesses can access a niche film-making community while getting government support
The financial and professional services sector in Wales is growing at pace, buoyed by the relatively low cost of salaries in the country and an abundance of graduates. And, with the economic climate forcing an increasing number of companies to seek cost-cutting solutions, the country's appeal is only set to increase.
The Welsh capital of Cardiff offers all of the benefits of a large city, without the large price tag. Slowly, its relatively cheap but well educated workforce and attractive government incentives are starting to draw companies away from rival English cities.
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