London remains the world’s most popular destination for foreign investment in financial and professional services companies.
Last year, 114 investments totalling nearly £600m were made in firms from those sectors based in the capital, according to figures published by the City of London Corporation, the governing body of the Square Mile.
Financial technology firms accounted for a third of the investment, while almost a fifth went to technology companies that support financial services businesses. London is well clear of its rivals. Dubai-based financial and professional services companies received 104 investments, compared with 103 for Singapore, 54 in New York and 53 in Paris.