Business leaders remain confident in London’s status as a base for their companies, tipping the technology and creative sector as a key area for UK growth.

New research from the Confederation of British Industry (CBI) claims nine in ten (91pc) of the capital’s business leaders still believe London remains a good or great base for businesses, despite Brexit-related risks.

Asked directly if they might consider moving elsewhere 63pc of business chiefs, responding in July and August this year, said they had no plans to move any part of their operation overseas.

Jeff Kelisky, CEO of crowdfunding platform Seedrs, said that a combination of a modern and progressive attitude to financial regulation, strong financial and technical talent, and the UK’s convenient time zone between the US and Asia, “has made London a natural base for some of the most exciting hyper-growth tech companies in recent years".