Monday, 11 September 2017

London extends lead as world's top finance centre despite Brexit, according to a survey

London remains the world's most attractive financial centre, though some European rivals are gaining ground in the wake of the Brexit vote, according to a survey.

The Z/Yen global financial centres index, which ranks cities on things such as financial infrastructure and jobs, showed that while the City extended its lead over its nearest rival, New York, cities including Frankfurt and Dublin were climbing the league table.

That was largely attributed to a growing number of firms in the sector looking to hedge their bets - given continuing Brexit uncertainty - by either planning to open new offices or boost staffing in such cities in order to maintain access to EU customers and markets after the UK leaves.

SKY     News.

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