The City of London remains the top financial centre in the world, joint with New York's. Will it remain top of the top? Will it even lose it's status as a top financial centre? With emerging economic powers like China, India, Brazil, who knows? Comment.
Hopefully not anytime soon. It will still be a few decades before countries like China/India have GDP's matching that of the west and even then they will still remain the top financial centres for the western countries at least.
Hopefully not anytime soon. It will still be a few decades before countries like China/India have GDP's matching that of the west and even then they will still remain the top financial centres for the western countries at least.
The City of London remains the top financial centre in the world, joint with New York's. Will it remain top of the top? Will it even lose it's status as a top financial centre? With emerging economic powers like China, India, Brazil, who knows? Comment.
i say that india is way behind the other china and brazil who stand much fair chance. infact it would not be wrong to say china takes the lead.
Lack of regulation makes London a great place for hedge funds. I can't remember the exact figures but I believe most European hedge funds are located in London. It is also in a perfect time zone for a lot of markets, it is still a great place for finance
Lack of regulation makes London a great place for hedge funds. I can't remember the exact figures but I believe most European hedge funds are located in London. It is also in a perfect time zone for a lot of markets, it is still a great place for finance
80% of Europe's hedgefunds are located in the City of London. Impressive no?
We should make it our priority to protect the financial services industry of this country and make Britain as competitive as we can - Low tax, low regulation!
80% of Europe's hedgefunds are located in the City of London. Impressive no?
We should make it our priority to protect the financial services industry of this country and make Britain as competitive as we can - Low tax, low regulation!
Yeah, that approach worked so well in the past decade!
The first financial centre to offer 24 hour trading will have the edge over London. I suspect that won't happen for a while yet so the City will still be a powerhouse for a few years yet.
NO. Short answer: London is uniquely placed in that its trading hours reach the far cost of America and some distance into the middle East. It's the only financial center with that asset.
London is to unique. We happen to be in between North America and Europe. We are the finance capital of Europe. More Euros are traded in London then the entire EU. When growth hits Europe London will benefit. When it hits North America. London will benefit. Only city that is that lucky.
Oh and to the person who said Mumbai and Calcutta. WTF? Are you mad? India is no where near China. What makes you think they can catch up to London?