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Fears over London’s competitiveness grow as New York catches up in latest finance rankings

City continues to feel pressure as reforms look to cement top ranking

Can the City keep up in with the global finance race?

Mike Kemp/Getty Images
By
Justin Cash

London is no longer the clear leader among financial centres, according to a new report, as New York moves up the rankings to tie with the City.

A study from the City of London Corporation published on 30 March found that other financial hubs have grown faster than London, adding to fears that the Square Mile's position as a global leader is slipping.

London...