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Business Daily: Stealing London's Crown

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17/03/2017 GMT

Stealing London's Crown

BBC World Service - Business Daily, Stealing London's Crown

The contest among London's EU rivals to become Europe's capital of finance

The contest among London's EU rivals to become Europe's financial capital. Will Dublin, Paris or Frankfurt claim the diamond tiara? And will this be good for Europe anyway?

We consider the five contestants from across Europe aiming to tantalise London's financial elite. But as Dublin, Paris, Frankfurt, Amsterdam and Luxembourg slip into their best swimsuits and evening wear, we ask whether it is even a good thing that London gets dismantled as a financial centre after Brexit. Even the German Finance Minister, Wolfgang Schäuble, has suggested that may be a bad thing for Europe as a whole. 

We hear from Frankfurt and Paris, and speak to two experts on high finance and economics - the head of the Berlin stock exchange, Artur Fischer, and Youssef Cassis, a professor of economic history at the European University Institute in Florence. Also in the programme, Jeremy Wagstaff of Reuters considers the extent to which technology companies now retain more access to our smart devices than many of us may realise, or want.

(Photo: Two young women take a selfie photo with the Frankfurt skyline behind. Credit: Thomas Lohnes/Getty Images)

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