Post-Brexit London BEATS EU Rivals



“London boots out European rivals to claim Continent’s top finance hub crown” CityAM: https://www.cityam.com/london-boots-out-european-rivals-to-claim-continents-finance-hub-crown/

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29 thoughts on “Post-Brexit London BEATS EU Rivals”

  1. New York and London are head and shoulders above any other city in terms of financial trade and always will be. Having said that, f~k London, I detest the place and what it has become, infested with greedy foreigners who hate this country. Many people voted for Brexit because they hate the London establishment.

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  2. The world market has revolved around three hubs for decades: NY, London, Tokyo. This covers the 24 hr cycle, even in our digital age, and is not likely to change soon given Chinese and Russian actions. The project fear threats were and are a total farce.

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  3. There will be no downside to brexit only a considerable upside
    That is what we were told
    Well London may have held on to its financial hub but its nowhere near as strong as it was
    Here are the facts mich heaver isn't telling you
    Dublin has emerged as the biggest beneficiary with 135 relocations, followed by Paris with 102, Luxembourg 95, Frankfurt 63, and Amsterdam 48.

    “This redistribution of activity across the EU has wound the clock back by about 20 years,” the study said.

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  4. Dear Michael why didn't you mentioned that Londongrad dropped 14 points the highest of the top 20 by far. If they drop another 14 points for 2023 Londongrad will go from the second to the sixth place.
    For the year 2022 London will experience losses in clearance business to the EU, the moving out to the EU affected by the covid will continue and new regulations due to the Oligarchs will make Londongrad less attractive for laundering money.

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  5. Completely ignoring what's happening in the rest of the country and to the common people. It's all about the city and the well off elite apparently…

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  6. If you want to know the REAL FACTS just look up " The EU vs the City of London: a slow puncture" in FT
    The Pandemic has just slowed things down ,that's all.
    It's still happening I'm afraid,
    Two dozen large financial services firms have ANNOUNCED PLANS  to move £1.3tn of assets from the UK in January 2022 in the aftermath of Brexit.
    so don't kid yourself

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  7. In the latest OBR Fiscal Outlook for March 2022, by the fourth quarter of 2021 total advanced economy trade volumes had rebounded to 3% above their pre-pandemic levels while UK exports remain around 12% below. The OBR say (page 63) that the UK therefore appears to have become a less trade intensive economy, with trade as a share of GDP falling 12% since 2019, two and a half times more than in any other G7 country. Well brexshit fans – what are YOU doing to fix this? PS free trade zones and crappy free trade deals won't make any difference at all – unless you are an animal farmer, then like the fishermen you are really screwed.

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  8. The London Financial sector has shrunk since brexit, I except it would need to shrink a lot more to be a problem. However, the fact is doing less business can, in no way, be called a brexit win, it is a loss.

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