New figures show that US investors are ploughing more money into London companies than ever before.
London Mayor Boris Johnson, who is currently in the US on a trade mission aimed at strengthening economic and ties between London and the US, revealed the figures which have been compiled by London & Partners, the official promotional company for London.
The figures show that US investors ploughed $795.2m into London-based tech firms in 2014, which is double the $296m invested in 2012. Investment from the US into the UK as a whole has also hit a new high of £1.35bn double the amount of $582 in 2012.