- London has been named the world’s leading financial sector by a Duff & Phelps report, which surveys senior financial professionals.
- The majority of professionals said they believe London will lose its top status by 2023.
- Julian Korek, Head of Compliance Consulting at Duff & Phelps, said “There is still a lot of hard work ahead for the City if it wants to retain the top position in a post-Brexit climate. When it comes to shaping London’s future outside of the EU, decisions taken now will be crucial in laying the groundwork for years to come.”
ADVERTISEMENT
SURVEY: London will lose its crown as the world's global financial centre within 5 years
London may lose its crown as leading financial centre by 2023 according to a new Global Regulatory Outlook report.
ADVERTISEMENT
Recommended articles
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
How crises from blackouts to pandemic drained $46 billion from South Africa
5 major African economies and their quality of life score
Indian billionaire Narendra Raval pushes to establish his business in Kenya
10 African countries with the smallest merchant marine fleet
Beyond the reels: How augmented reality could revolutionize online slots
Effective real estate arbitrage strategies for wealth building
Amazon online shopping comes to South Africa
Nigerian officials accused of seeking $150 million bribe from Binance to dissolve case