London’s Financial Crown at Risk as Rivals Eye Brexit Opportunities
457 views · Published 25 July 2016 · 2:30 · Indexed 22 September 2026
Channel: Voice of America · 2016 · News & Politics
By most measures, London rivals New York as the only true global financial center. But Britain’s vote to leave the European Union – so-called ‘Brexit’ – means the city could lose its right to sell services tariff-free across the bloc, risking its position as Europe’s financial headquarters. Already some banks have said they may shift operations to the mainland. Henry Ridgwell reports from London. Originally published at - http://www.voanews.com/media/video/london-s-financial-crown-at-risk-as-rivals-eye-brexit-opportunities/3433898.html