London economy vulnerable to climate change, assembly report finds

Mayor Boris Johnson urged to act as over half of the largest 100 companies listed on London Stock Exchange are found to have no plans to deal with climate risks

London's economy is increasingly vulnerable to climate change because of the city's status as a global financial centre and the international connections of its businesses, a report by the London assembly has found.

It urges more action to prepare the city for climate risks from mayor Boris Johnson.