▲ Up
 akipress
16:35 21-11-2018
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
akipress
London loses top spot in global financial centre rankings
World | business | 17:02, 12 September 2018 | 613

AKIPRESS.COM - London has lost its status as the world's top financial centre, according to rankings showing gains for post-Brexit rivals, Sky News reports.

The latest Z/Yen Global Financial Centres Index showed New York overtaking the UK's capital for the first time since 2015.

The City think tank, which compiles its lists using data from international bodies such as the World Bank and responses to a survey, said there was evidence London had been knocked, but only slightly, by uncertainty over Brexit.

Rivals within the EU for financial services business currently in the UK were among the cities making the greatest strides, the report said, though Asian centres stood out.

"Zurich, Frankfurt, Amsterdam, Vienna, and Milan moved up the rankings significantly.

"These centres may be the main beneficiaries of the uncertainty caused by Brexit.

"Surprisingly, despite some evident success in attracting new business, Dublin, Munich, Hamburg, Copenhagen, and Stockholm fell in the rankings, reflecting respondents' views of their future prospects," the study added.

New York topped the rankings despite seeing its overall score dip, alongside that of London.

LATEST NEWS
16:29 Tekebayev not to ask pardoning – Ata Meken party leader16:28 US man 'killed in India by endangered Andamans tribe'16:08 Bishkek lost 2 huge parks since 199116:05 President Jeenbekov suggests awarding Hero Title to Chairman of Council of Ministers of Soviet Kyrgyzstan posthumously15:45 Delegates of upcoming Kurultai suggest to rename Kyrgyzstan15:42 It is necessary to change aerodynamics in city: Environmentalist15:38 IMF projects Uzbekistan’s consumer price index inflation to rise to 17% by end of 201915:35 Shortfall from land resource management in Bishkek reached 500 million soms: MP15:34 Uzbekistan’s GDP continued to expand at about 5%15:31 Uzbekistan’s import and export data show signs of overheating economy – IMF15:02 Batken region's deputy prosecutors suspended after prosecutor's murder14:59 Problems of access to safe abortion medical services discussed in Bishkek14:55 Kyrgyzstan, Qatar discuss cooperation in social and humanitarian projects14:38 Saudi Arabia interested in importing farm animals from Kyrgyzstan to produce halal meat at home14:31 Ata Meken suggests reconsideration of former leader’s case in connection with main witness Mayevsky’s arrest14:22 Pompeii dig reveals erotic Leda and Swan fresco14:11 Ex-President Almazbek Atambayev's daughter gives birth to second child14:04 Russia hands over epidemiological labs to Uzbekistan, Kyrgyzstan, Mongolia14:03 Health Ministry proposes Economy Ministry to revise accessibility policy of healthy and unhealthy food13:38 20 km of fishing nets seized in Issyk-Kul
© AKIpress News Agency - 2001-2018. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06