London has unseated New York as the global city best able to attract and retain global capital, people and ideas, according to an A.T. Kearney report. Since 2008 the United Kingdom’s capital has played runner-up to New York, but their positions have now switched, the only change from last year’s top 10. As some economists and political scientists point to cities as replacements for nation-states as the world’s primary drivers in light of urbanization, a city-specific and localized approach to business could be a sensible and more precise alternative to current models.