IS THE CITY OF LONDON’S CONTRIBUTION TO THE ECONOMY UNDERESTIMATED?
HENRY SMITH | MARKEL INTERNATIONAL
“Yes of course. The City is the insurance capital of the UK and I don’t think people appreciate that the largest proportion of service exports in Britain derives from the London insurance market.”
JULIAN HAMMERTON | THREADNEEDLE
“Yes, there is always a lot of negative press circulating about the banking industry, but what people don’t realise is that the City provides a worldwide service which contributes a significant proportion of GDP.”
GRAHAM MARSH | BLUEFIN INSURANCE
“Probably. People outside the City might not know an awful lot about what goes on, which then means that they do not appreciate the value and contribution it gives to the economy.”