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Assessing London International Financial Center in Double Uncertain Scenarios

Open Access
|Oct 2022

Abstract

Most economies in the world have been isolated from the global by regulations in the prevention of covid 19, and the international trading activities are greatly affected that then affects financial services activities in major financial centers around the world. The situation of London IFC is quite different from others because of the covid 19 pandemics and the negotiation process of Brexit, which makes London IFC in a period of double uncertainty. This paper set out to investigate some effects of double scenarios of the Covid-19 pandemic and Brexit on the London IFC. The research will highlight some variations in payment activities, employment, the trading value in the financial and insurance sectors, foreign market activities, and fintech sectors in London.

DOI: https://doi.org/10.2478/sbe-2022-0038 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 270 - 281
Published on: Oct 8, 2022
Published by: Lucian Blaga University of Sibiu
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2022 Thich Phan Dai, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.