London financial center News

Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center

Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday. Stock exchanges in the …

New York Reclaims Top Financial Center Title from London

New York once again has bragging rights as the world’s leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. However, the Big Apple ought to be worried …

Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits

New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals, according to a survey. Britain’s capital fell to second place in the Global Financial Centres Index published Wednesday by research …

UK Minister Vows Financial Services to Remain ‘National Priority’ After Brexit

Financial services will remain a “guiding light” for Britain’s economy after Brexit and there is no intention to “rip up the rulebook” to compete better as a top financial center, a government minister said on Tuesday. “My priority is to …

EU Exit Could ‘Wreck’ London as Financial Capital, Says City Lobby Group

If the UK exits the European Union, it could wreck London’s position as the only financial center to rival New York and isolate the country’s economy, research ordered by a lobby group for banks and money managers concluded. Prime Minister …

London’s Office Boom Revives Talk of Building Tallest Skyscraper

A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to Peter Rees, …