Despite the turmoil in the financial sector over recent years, and in contrast to the somewhat pessimistic outlook of some commentators regarding the London market, BNP Paribas Real Estate's latest banking survey shows that London remains the world’s leading financial centre.
Eighty-two per cent of respondents cited the capital as the global leader, compared to just 16% who specified New York. Indeed, the outlook for London is positive, with 60% of respondents confirming the UK as their focal point for growth over the next three years.