In the first of a five-part series, The Times ponders whether London can hold on to its pole position as Europe’s capital of finance. The post-referendum, pre-agreement vacuum has left space for cities such as Paris, Frankfurt, and Amsterdam to position themselves to catch the crown if it does fall.
Despite the jitters, those who handle big commercial deals are optimistic. James Beckham, head of central London capital markets at Cushman & Wakefield, said that there had been a flurry of activity since Brexit, with investors seeking better deals for commercial property since the pound weakened.