Financial Times reports that UBS has found that London is the fifth most expensive city in the world in which to live and work while workers’ gross earnings are, on average, the 13th highest. Workers in Zurich, Geneva, and Luxembourg earn the highest gross wages while those in Nairobi, Jakarta and Kiev receive only about a 20th of average gross earnings in Zurich. The last UBS study of wages and prices in 2012 found that London was the 10th priciest city in the world, and wages were the 19th highest.