Brexit 'shadow Of Uncertainty' Costs City 'world's Financial Hub' Status
Just 36% of financial services respondents see London as the foremost global financial hub, a 17% decrease from 2018
London is no longer perceived as the world's preeminent financial centre by global professionals, the majority of whom now see New York as the world's financial hub, with Brexit uncertainty weighing heavily on perceptions of the UK capital's outlook, research from Duff & Phelps suggests.
The advisory firm's latest annual Global Regulatory Outlook report found just 36% of respondents from the sector currently see London as the foremost global financial hub, a 17% decrease from 2018, while...
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