According to economic growth expert, Michael Bloomberg, “Brexit won’t affect the prominent business role London plays with other European countries, however it will slow down its overall economic growth.

Even the former New York mayor previously claimed Brexit was the “single stupidest thing any country has ever done.” But he has now said Brexit will not have a major impact on the British capital because of its financial attractiveness.

Also adding, “London is always going to be the financial centre of Europe for the foreseeable future… It has the things the finance industry needs: it is English speaking, it is family-friendly, it has a lot of cultures so you can attract those people here.

The billionaire’s company recently opened its new £1billion headquarters in London, where 4,000 employees will work with room for an additional 4,000. London is to home to global financial services and to more banks than any other financial centre worldwide.