Edinburgh passes Glasgow in global financial centres list
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Edinburgh has leapfrogged Glasgow in the latest Global Financial Centres Index, a ranking of the world’s financial centres published by the consultancy Z/yen and China Development Institute.
Both Scottish locations are now in the top 50 of the table, after Edinburgh rose nine places to 43 from 52, while Glasgow remains in 49th place.
London, meanwhile, has retained its top spot in the global rankings.
Dublin fell one place to 31 in the global table.
It was also revealed that Edinburgh and Glasgow ranked 13th and 14th respectively in the top 15 in Europe.
Dublin ranked eighth in Europe.
Cities were ranked using measures compiled by organisations such as the World Bank and online assessments completed by 2,340 respondents.
Graeme Jones, chief executive of industry body Scottish Financial Enterprise, said: “It’s positive to see both Edinburgh and Glasgow now in the top 50 of the Global Financial Centres Index and in the top 15 Western European Financial Centres list.”
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