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Tale of two cities: London leaps ahead in global finance but domestic growth stalls
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NEWSDECK ANALYSIS
The City of London's position as a global financial hub has been a subject of interest since the Brexit vote, with many wondering how the city's financial sector would be affected by the UK's departure from the European Union. The report by New Financial provides insight into the city's performance, highlighting its continued attractiveness to international investors and financial institutions. London's dominance in international finance is also significant given the city's historical role as a major financial centre, with its reputation and infrastructure continuing to draw in global business.
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Tale of two cities: London leaps ahead in global finance but domestic growth stalls
The City of London has cemented its dominance in international finance ten years on from the Brexit vote but faced sobering domestic growth that failed to match the momentum. The capital sees more international activity conducted than the next eight largest financial centres in Europe combined, according to a new report by New Financial. The [...]
3 Jul, 04:00
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