14.9.17

London- World's Top Financial Center

London- World's Top Financial Center


London retained its crown as the world’s top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit.

The U.K. capital fell only two points in the latest Global Financial Centres Index published by Z/Yen and the China Development Institute, the smallest decline among the top 10 centers. New York held on to second place. In Asia, Hong Kong leapfrogged Singapore into third place.

Important Takeaways from Above News-
  • Theresa May is the PM of the United Kingdom.
  • London is the capital city of the UK
Source- The Indian Express

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