>London is closing in on New York as the world’s leading financial centre while European rivals such as Frankfurt and Paris do not even make the top ten.
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>Frankfurt and Paris – which hoped Brexit would offer them a chance to eclipse London – are languishing in 14th and 15th respectively.
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>The only other European city in the top ten is Geneva, in Switzerland – which, like Britain, is not part of the EU.
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>The findings – in the latest edition of The Global Financial Centres Index published by think-tank Z/Yen and the China Development Institute – make a mockery of claims that London has lost its lustre since Brexit.
“The only other European city in the top ten is Geneva, in Switzerland – which, like Britain, is not part of the EU.”
2 comments
>London is closing in on New York as the world’s leading financial centre while European rivals such as Frankfurt and Paris do not even make the top ten.
>
>Frankfurt and Paris – which hoped Brexit would offer them a chance to eclipse London – are languishing in 14th and 15th respectively.
>
>The only other European city in the top ten is Geneva, in Switzerland – which, like Britain, is not part of the EU.
>
>The findings – in the latest edition of The Global Financial Centres Index published by think-tank Z/Yen and the China Development Institute – make a mockery of claims that London has lost its lustre since Brexit.
“The only other European city in the top ten is Geneva, in Switzerland – which, like Britain, is not part of the EU.”
Has leaving the EU allowed this to happen?