Despite Brexit vote, London extends lead as the global finance centre

Sep 11, 2017 · bdaily.co.uk

23769400059 3155c2c23c

According to a survey, London remains the world’s most attractive financial centre against some of its European rivals despite voting for Brexit.

The Z/Yen global financial centres index, which ranks cities on topics like infrastructure and professions, showed that the city is extending its league over others like New York, Dublin and Frankfurt.

This was mainly down to a growing number of firms growing in the sector, and wanting to plan to open new offices or boost staffing in such cities in order to maintain access to EU consumers and markets after the UK exits.

Speaking to Sky News, TheCityUK’s chief executive, Miles Celic, commented: "Many firms have already started to activate their contingency plans and others will undoubtedly follow suit if these aren’t confirmed as soon as possible - and by the end of the year at the very latest."

Read Complete Article

Looking to launch your career in tech? TONIGHT, 20 Sept, join for @RedAcademyUK’s FREE Careers in Tech event… https://t.co/M1D9ic7Oh2

I’m calling on the Govt to replace £22m in vital EU funds for London that will be lost each year after Brexit → https://t.co/P8zf2T4qWp

Is investment in the UK's innovative industrial tech set to increase? https://t.co/bvQ37rKTSD

VIDEO: Seenit founder on what success means for a tech startup https://t.co/9O8ojTKbA0 https://t.co/NcM4k7TGQt

Simon Pearson, annafaelten and Jonny Chiles EY_TMT_UK explore how you can figure out if you are prepared for exit https://t.co/AmbcoG2J7o

Tech.London Weekly

×