Innovative finance’s recent survey found that 82% of their members identified the “proximity to subject matter expertise” was a defining factor for London FinTech, differentiating it from other global FinTech hubs. London already dominates the international rankings coming first or second in the vast majority of fields of expertise – despite Brexit uncertainty multinational organisations still value these skills and are largely looking to maintain or build upon their presence in the city. Euro stat have updated their methodology so that regions over whole countries can be compared – London has 4 of the top 6 areas.

Most international comparisons of education are at national level. But Eurostat, the statistics arm of the European Commission, produces figures that drill down to regions and cities. These have been updated over the summer, showing the position in 2015, and it shows that London occupies four of the top six regions for the most graduates. The highest concentration of graduates is 69.7% in “inner London west”, an area including Camden, the City of London, Kensington and Chelsea, Hammersmith and Fulham, Wandsworth and Westminster. In second place is “inner London east”, with 58.3%, including Islington, Hackney, Lambeth, Southwark and Tower Hamlets. Two other clusters of London boroughs to the south and west of London are in third and sixth place. The nearest rivals are a region of Belgium to the south of Brussels and the Norwegian capital, Oslo, both about 54%.

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