The falling pound and lower rent has pushed London out of the top ten of the world's most expensive cities to live in according to the latest annual listings from consultants Mercers. London has dropped 13 places to 16th place because of the Sterling's poor performance against the dollar.
Tokyo and Osaka have knocked Moscow off the top spot down to 3rd place making it a one two for Japan. While Geneva has moved up four places to 4th and Hong Kong up one to 5th.
The survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment.
Read more at Guardian Online.
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