Despite these challenges, London remains a powerhouse, as the city ranked comfortably ahead of Hong Kong and Singapore.
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Brexit is hindering London’s efforts to compete with New York as the world’s top financial centre.
The UK capital is viewed as the world’s leading hub by 31% of financiers, down from 34% last year, according to a survey of 250 financial services executives by advisory firm Duff & Phelps. Some 60% of senior decision-makers view New York as the top financial centre, up from 56%.
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