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I'm not following your point on finance, surely people paying a premium (either cash or inconvenience) for London shows London is either the only supplier or a

I'm not following your point on finance, surely people paying a premium (either cash or inconvenience) for London shows London is either the only supplier or a very high quality one? Otherwise why not buy local?

foolmeonce 6y ago
> Otherwise why not buy local? Yes, why not? Reasons like expertise on EU investments in English were already an eroding advantage. Many finance groups were already reducing the portion of their staff there and are now moving more of their staff to offices in the EU. (The UK was in a tough spot because it wouldn't commit to the EU. The fix was to make a worse choice, the UK is too small and too dependent on eroding advantages to maintain what it had.)