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Evening Standard
Evening Standard
Business
Jonathan Prynn

The City remains at risk of losing its competitive edge

Few would dispute that the City of London has enjoyed a remarkable golden era since the Big Bang reforms of the Eighties triggered a revolution that made the capital the undisputed number one international financial centre. But is that reign coming to an end?

A new survey today from the Square Mile’s own governing body and local authority the City of London Corporation shows New York drawing level in the global rankings.

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