If I may can I take you on a small tangential journey. London, forty years ago, was a souvenir city, rich in history and culture (similar to Paris today) and very little else. The centre of the commercial universe was New York.
After Margaret Thatcher freed-up exchange controls and liberated and de-regulated the byzantine dynamics of the city of London, the Capital over the last 30/40 years became metamorphosed into the financial colossus that it is today. More IPOs take place in London than anywhere else in the world and if you don’t have a presence here, you are not in the game.