London remains top financial centre despite Brexit

Kaleel

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FRANKFURT/ LONDON, Sept 11 (Reuters) - London remains the globe's most attractive financial centre, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday.

Britain's departure from the trading bloc has led to some politicians and economists predicting London will lose its pre-eminent status as a financial centre, but there are few signs of that happening yet.

London was placed first, followed by New York, Hong Kong and Singapore in the Z/Yen global financial centres index (GFCI), which ranks 92 financial centres on factors such as infrastructure and access to high-quality staff. New York was 24 points behind the British capital, the biggest gap between the two since the survey started in 2007.

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http://uk.businessinsider.com/r-london-stays-worlds-top-finance-centre-despite-brexit-2017-9
 

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