Key facts
- The City of London was predicted to lose its financial dominance after Brexit.
- These predictions have not materialized, and London remains a major financial hub.
- Despite maintaining its position, the City of London faces ongoing and future challenges.
Following the United Kingdom's departure from the European Union, there were widespread predictions that the City of London would cede its position as a leading global financial hub. However, these forecasts have not materialized, with London retaining its status. Despite this resilience, the City continues to confront substantial obstacles that will shape its future trajectory.