Capital Ideas: European Markets and Capital

capital ideas: This prosperity also relied upon London status as a world financial and economic capital, fuelled by its privileged access to European markets, according to Globe and Mail. Political stability, a buoyant property market, and stable macroeconomic management attracted capital from around the world. This was as true for highly educated professionals as for skilled trades and service workers. This created a circle of growth that encouraged further waves of incoming talent, capital and ideas. Business leaders are already hedging their bets, planning investments in other economic capitals of Europe now that long-term privileged access to European markets is no longer guaranteed. With Britain facing an extended period of uncertainty, the value of housing, commercial properties and businesses is suddenly unclear, and major investment decisions of every sort are being postponed. (www.immigrantscanada.com). As reported in the news.