It was mentioned that Brexit would mark a turning level for the Metropolis. That London would stop to be the nice monetary capital of Europe. That job losses and the relocation of entities to the continent would change into the brand new regular. We have been instructed that cities like Frankfurt, Paris or Amsterdam would change into the brand new kings of European finance. Even Madrid arrange its personal workplace to draw monetary establishments from London.
Nonetheless, one 12 months after Brexit, issues look very totally different. A lot in order that, together with our mates at Worth College, now we have been asking a number of questions: What affect does the Metropolis actually have on this planet’s main monetary facilities? Is town as threatened as its critics declare? Why is London, together with New York, the nice monetary capital of the world?