In a survey of financial executives by the Global Financial Centres Index, London scored well ahead of its rivals, and even extended its lead.

London did better than New York on an array of topics, including personnel, business environment, market access, facilities and competitiveness.

The City scored 806 out of 1000, compared with nearest rival New York’s 787. Trailing behind came Hong Kong, Singapore, Zurich and Frankfurt.

Again London is reaffirmed as the world’s financial capital.