There has been no long term effect on trade in the City of London from Brexit, the Lord Mayor of the City of London has said.
Speaking on Morning Ireland, Michael Mainelli said the City was continuing to attract financial and legal firms as well as other entities and huge amounts of capital despite the departure of the UK from the EU.
He said Ireland was benefitting from the ongoing close trading relationship with the UK.
"We have in London alone 15% of assets under management worldwide. That's about $14 trillion," he said.
"People are coming to London as a landing pad to get out internationally. They come here, give us their money and we work with them to distribute it and invest it and Ireland is a core part of that, particularly when it comes to EU investment," he explained.
Ireland - and Dublin in particular - reaped a so-called "Brexit dividend" with a number of international banks and firms moving parts of their operations here in the aftermath of the leave vote.
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However, the dividend is regarded as being smaller than had been originally anticipated.
Mr Mainelli said the figures pointed to the ongoing success of what's known as the "Square Mile" in the City, with the number of workers growing from 525,000 just before the pandemic to 615,000 now, generating around 10% of UK GDP.
"We find that when trade thrives, we all thrive. The City is very much built on trade, as is Dublin," he concluded.
