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This paper explores the relevance of Bourdieu's 1980 spatial theorisation in Le Sens Pratique (The Logic of Practice 1990, Polity Press, Cambridge) for understanding intercity relations in contemporary globalisation—specifically, interdependencies between Castells's 'space of flows' and 'places' in advanced business services. Bourdieu's relational concepts are reviewed with reference to evidence from in-depth interviews with business actors in London and Frankfurt at the time of European Economic Monetary Union. The intention is to deepen understanding of emergent relations between the cities and, in so doing, to contribute to the reinterpretation of Bourdieu's input to geographical thinking. [ABSTRACT FROM AUTHOR]