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Having a vibrant banking sector has been a point of pride for London for a long time. It's got benefits in terms of bringing in tax money, both directly from t
by raesene9 6y ago
Having a vibrant banking sector has been a point of pride for London for a long time.
It's got benefits in terms of bringing in tax money, both directly from the companies and indirectly from their employees.
If you're known as a top location for a given service, it can also make companies want to open up there, if they want to attract talent from their competitors (although this may change as more companies move to remote-first employment)