According to arch remainers, one of the many things that would go south if we left the EU was our financial services sector. This complaint came most often from people who hate the City and all it stands for in the first place, so never really rang true. There was something very funny about the Guardian fretting that there might be fewer bankers in London, since fewer bankers was surely to its taste in general. Nearly eight years on from the referendum vote, it is indeed hard to see how Brexit has been good for the Square Mile. It is also far from obvious that it has suffered much damage — London’s status as a financial capital is under attack, but from the Far and Middle East, not from Frankfurt — a toy town, best known for bicycles and book fairs. A survey today from EY finds that the UK has extended its lead as Europe’s main destination for investment in financial services. The UK attracted 108 financial services projects last year, up from 76 in 2022 and well ahead of European rivals. France, in second place, secured just 39 foreign direct investment (FDI) projects in 2023. Anna Anthony, EY...