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City Matters 138

City Matters

February 16 - March 15 2022 Edition 138 Find your regular copy inside... The City of London’s independent newspaper with 50,000 READERS BOURGEOIS AT HAYWARD The latest exhibition a the Hayward Ga lery stitches together a beautiful, yet dark, timeline of the incredible textiles and fabrics designer. Page 10 ITALIAN RESTAURANTS As more Italian eateries open up in and around the Square Mile, now is the time to pile your plate high with cacio e pepe. Check out our picks on Pages 12&13 City leads global Feb 16 - Mar 15 2022 The City of London’s independent newspaper with 50,000 readers Edition 138 financial rankings Capital named world’s top destination for financial and professional services for second year running LONDON continues to hold the top spot for financial and professional services in terms of overal offer when compared to other global destinations, including New York, Singapore, Hong Kong, Paris and Frankfurt. Research released by the City of London Corporation is the second annual study of the UK’s global offer to business and looks at 95 different metrics, adding new areas including green finance activity across a l asset classes compared to the previous year. While responding to the challenges of the past 12 months, the UK continues to perform strongly across a l key dimensions. The research shows it maintains a lead as an innovative ecosystem, its financial markets are boosted by international activity and its financial services regulatory regime remains the most favourable in the world. London received an overall competitiveness score of 61, the UK’s trade surplus remains higher than in a l other global financial centres. London is Europe’s capital for tech and innovation, home to more than a quarter of Europe’s unicorns. London also increased its share of headquarters of Fortune Global 500 firms by more than a third. London and the UK remain Europe’s leading destination for investment in financial services and remain the world’s leading foreign exchange trading centre. The UK is Europe’s leading centre for asset management and its global market share is increasing again. It also remains the biggest centre for issuance and trading of international fo lowed by New York (58) and European comparator centre, bonds. Singapore (53). The rankings were with a competitiveness score of More than a quarter of posts rounded out with Frankfurt (45), 41. on executive committees of Hong Kong (39) and Tokyo (36). Against the backdrop of a financial services firms in the UK For the first time, the research cha lenging year, UK financial are held by women, putting the includes Paris as a second services exports increased and Turn to Page 2 Globa leader London Live, The Capital’s TV Channel For Great Entertainment What’s on in the City P8 Beautiful blossoms P15 Dame Jacqueline Wilson P19 Freeview 8 Sky 117 Virgin 159

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