Reuters Asks: London to lose #1 finance hub status. And?
Friday, November 16, 2012 - 02:15
Nov. 16 - A report by the Centre for Economics and Business Research says London will be the third largest financial centre by 2015, down from the first. Reuters asks how significant this is.
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When you look at the -- sector how they have. Being able to adjust in the fiscal system to keep. Don't know -- you know -- UK you know blowing and as recently as this year you know they have done it. That may be in the financial sector they have done so maybe they need to. Think about that I'm yet to be convinced. Given the sort of you know the -- both times -- that were in here. That it will be added -- flights. You know what it's it's it's speculation we've seen it again and again I -- off. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- All I'm not sure what -- to that stage yet. It doesn't have to a dramatic an effect because I guess what is more important than you know brought about that the fuel ahead Charles is really about. You know what what type of business here you have over here. Paul -- always -- the fans have so I guess against this -- woman is still very much very much important. London within its long experience. And the city. And that's developed nations sectors. I believe. We keep playing -- very important for the -- will be. It would be one of the largest financial centers and who have. I'm -- the Philippines Colombo we -- in the Russian government working very hard that the national center for Russian companies his most. It's already lawsuits in New York it looks like it's gonna continue losing it now to Hong Kong as well how significant is that would you say. Leo I think London is -- -- Great assets. I can't fight I gave no problem that. Yet so I got my there's all this that is outside in my field of experts say is the out. Yeah let out a guy that you guys are nice -- that it is by.
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