Brexit doomsayers silenced once again as London trounces other EU cities in the financial rankings list. 

Boris Johnson and other Brexiteers said Britain would prosper without Brussels’ rules and regulations. Remainers have questioned the UK’s capacity to compete globally and have called for it to rejoin the EU. 

Brexit doomsayers silenced once again as London trounces other EU cities in the financial rankings list. 

The 31st edition of a key financial centre ranking list silenced Brexit Britain’s critics. 

The Global Financial Centres Index evaluates 119 global financial centres’ future competitiveness. 

The World Bank, EIU, OECD, and UN provide quantitative measurements for 150 criteria. It utilises 74,982 ratings from 11,934 people. 

London left the EU behind in 2021, ranking second 759 in the world after New York with a score of 726. 

Not a single EU city made the top 10, defying some who claimed they would easily beat London. 

Four EU cities made the top 25: Paris, Frankfurt, Madrid, and Amsterdam. 

Brexit London financial services Global Financial Centres Index eu cities uk economy politics news links
EU financial centers fail to make top 25.

London, Zurich, Edinburgh, and Geneva are four of the eight European financial cities in the top 25. 

Hong Kong, Shanghai, Los Angeles, Singapore, San Francisco, Beijing, Tokyo, and Shenzhen dominated the remainder of the top 10 list. 

London also topped the most recent European technology cities ranking, boosting Brexit Britain. 

London topped the Smart Cities Index owing to its infrastructure, huge talent pool, and broad embrace of new technologies. 

London’s closest European opponent was Zurich, followed by Copenhagen. 

NatWest Chairman Sir Howard Davies recently said Brexit was a “significant mistake.”

Facts4EU.Org responded: “The relentless zombie-like march of Rejoiners rising to scare us with their doom and gloom continues with Sir Howard Davies of NatWest predicting Brexit will be damaging to London.”

Thankfully, the relentless upbeat positivity of Facts4EU continues to be the antidote, as we publish details of the y/Zen report into Global Financial Centres and also the Smart Cities rankings.”

“Both place London as top in Europe and second in the world to New York – “despite Brexit”.

Brexit London financial services Global Financial Centres Index eu cities uk economy politics news links
London remains a financial powerhouse

“There will be more indexes and rankings and London will continue to perform well, beating the other EU rivals by some distance.”

The research body continued, saying: “Let’s not rest on our laurels, however.”

“It is essential that the Government moves faster to discard bureaucratic EU laws and replace them with regulations fit for the 21st century.”

“Let’s have a Brexit that puts London ahead of New York – that should be our country’s ambition.”

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