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Bankers see New York winning financial hub crown from London as Brexit impact takes hold

'New York has continued to gain at London’s expense,' following the 2016 Brexit referendum

Some 60% of senior decision-makers see New York as the world’s leading financial hub, up from the previous year as London loses its status
Some 60% of senior decision-makers see New York as the world’s leading financial hub, up from the previous year as London loses its status Photo: Getty Images

London is losing ground to New York as the world’s leading financial centre as Brexit bites.

In another sign that Brexit is having a negative effect on the City, a survey from financial consultancy firm Duff & Phelps found 31% of senior finance professionals considered London as the world’s leading financial hub, down from 34% the previous year and a fall of 22% since 2018.

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