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Originally Posted by Damien
I think stuff to do, quality of the city and so on are important. For all the arguments about infrastructure, time zones, costings e.t.c that must go into these decisions they must also consider where the bosses actually want to be based.
Paris would be a bigger threat to London IMO if their political situation was more stable. It has the capacity, the infrastructure, the things to do and so on.
London and Paris are Europe's 'big' cities. Sitting alongside New York, Tokyo, Hong Kong. I don't think Frankfurt, Dublin or even Rome and Berlin come close.
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Often it's down to the critical mass of businesses in a region. If there is enough local knowledge of an industry, the companies are more likely to invest as they don't need to ship talent in. In my field, pharmaceuticals, Ireland has been hugely proactive at attracting big pharma to Ireland and part of that is education of local people. The Irish government set up the National Institute for Bioprocessing Research and Training to train Irish students and give them the skills companies need. Ireland is now in a place in the pharmaceutical industry where growth is huge due to the depth of the talent pool amongst other things.
IDA Ireland (
https://www.idaireland.com/) the development agency for Ireland is very proactive in trying to attract foreign direct investment in Ireland