IPOs

Banks and fund execs split on London’s chances of staying on top

Bank executives are the most bullish about the UK's future prospects

'As we go into 2024, we are seeing a promising direction of travel'
'As we go into 2024, we are seeing a promising direction of travel' Photo: Chris Ratcliffe/Getty Images

City executives are split on the UK’s ability to keep its competitive edge over other global financial centres, with senior bankers most optimistic about London’s near-term future.

According to a survey by KPMG of 160 directors across financial services, almost three quarters are confident that the UK can maintain its position as a leading hub over the next three years.

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