Brexit enables NY to snatch global finance crown from London: Survey

clock • 3 min read

The Duff & Phelps Global Regulatory Outlook 2020 report says the position of London has slipped markedly against New York as the world's leading financial centre, as more than half of respondents to its survey placed the US city first against just a third who picked London. Last year's Outlook saw 53% pick London, versus 42% who picked New York. Duff & Phelps says it is hard to avoid the suspicion that three years of uncertainty since the Brexit vote has contributed to the fall of London. "Of course, if this is the primary reason, then the resolution of the UK's departure could see Lo...

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