Most of us know that our little-loved City of London is a huge generator of wealth for the UK. It’s not just the bankers that we love to kick, its insurance, accountancy and law. We are truly world class in all these areas and only New York compares.

So when they say that huge numbers of jobs will leave London they forget there is an incredibly deep infrastructure of know-how and networks that cannot be initiated except over decades . Remember, Starbucks didn’t invest the coffee house, Lloyds of London did in 1688! That’s where they did their deals.

Chris Ingram 10/08/2016