Belfast has topped the list as the best small European City for "Business Friendliness" by the fDi Magazine for the second consecutive year.

Also ranked among the top ten European cities for its economic potential, Belfast was named the leading city for job creation from inward investment in the UK and boasted the highest figures by this measure among all small European cities.

According to the fDi, the score to determined business friendliness was achieved by assessing a city's score in some categories, including the recent volume of new investments, jobs created as a result of the inward investment, proportion of companies in the hi-tech sector, and the corporation tax rate.

Commenting on Belfast's success, Lord Mayor of Belfast Arder Carson stated that it was an "honour" for the city to secure the list's top position for a second year, which he argues has secured Belfast's place as a great place "to do business".

“Securing the title for most business friendly city has been achieved by the hard work of all our partner agencies in bringing investment in to the city and bodes well for our growing economy," he added. "By attracting foreign direct investment to the city, we are not only benefiting Belfast, but the north as a whole.”

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