London no longer clear leader as world’s top financial center – data ...News

The UK is losing competitive advantages to the US and EU, new research has found The UK capital has surrendered its lead as the world’s top financial center, partly due to the country’s exit from the EU, research published by the City of London on Thursday has revealed. New figures show that London and New York now share first place as leading financial centers globally. According to benchmarking data by the City of London’s governing body, this is the first year that the UK capital has not been the clear leader as other financial centers are growing faster. Financial services executives have raised concerns about

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