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Cthululu, I never suggested anything would be “plain sailing”, I merely pointed out that it is patently ridiculous to suggest that London’s economic fortunes are determined by EU membership. This was clearly proven by London’s relative underperformance in the 1970s, 80s and early 90s.

Additionally, I’m not sure what special evidence or insight you have to claim that “some of the financial sector is going to up sticks and leave”, some jobs may be redistributed within the EU but I think you’ll find reallocation of resources tends to happen all the time in business and certainly pre-dates Brexit.

Moreover, any jobs “lost” are more than likely to be replaced with new ones serving the emerging markets which we will now be more incentivised to trade with and which account for a far greater proportion of global economic output than the EU. With its long-established globalist and mercantile instincts, these new trade links offer London huge opportunities from which to benefit.

Nothing lasts forever and as this piece articulates history suggests that London’s current economic boom will eventually wane. But when it does I would wager it will have absolutely nothing to do with Brexit.

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