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History > Geography > Economics, Page 4

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London as a financial centre | Capital City | Economist.com

Blogged on: October 19, 2006, 8:59 pm
London is a textbook example of an economic cluster, in which businesses locate close to one another because they gain from proximity. “The big warehouse of markets is in London,” says Pascal Boris, chief executive of BNP Paribas's British operation.
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