In a ranking of global financial centres last month, published by Z/Yen, London topped the think-tank’s league, a whisker above New York.
Little surprise there: London has led several league tables in recent years. But when Z/Yen publishes its index in a couple of years’ time — in a Trumpian world — there is a good chance those rankings will have changed.
For one point about last week’s US presidential election result is that Donald Trump’s policies are likely to make New York more attractive as a financial centre. And that could make London a relative loser — unless British authorities are ready to fight back.
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