Sotheby’s is doing more business out of the London so far this year than the rest of the world, including New York:

Sotheby’s United Kingdom sales have outperformed all other global regions at auction for the year to date, according to figures just released. As of September 22, Sotheby’s had posted $1.37bn (39.9% of the global total) at auction in London, compared to $1.23bn (35.9%) in the United States.

Asian sales added another $488.4m (14.2%), while continental Europe contributed $344.1m (10%), giving a global total so far in 2014 of $3.44bn.

UK auctions lead the world at Sotheby’s (Antiques trade gazette)