The City’s partnerships abroad will help drive the Covid recovery — whatever its shape August 24, 2020 There has been much debate in recent weeks as to what the Covid-19 recovery will look like. But whether the shape is V, U, W, or even a “Nike swoosh”, one thing that will be integral to any economic rebound is international trade. In normal circumstances, I would visit over 20 countries during the year [...]
Welcoming Londoners back to Finsbury Circus Gardens August 10, 2020 This month, the Square Mile’s largest open space and London’s first public park is opening once more after being closed for 10 years due to Crossrail works. We are delighted to reopen the beautiful Finsbury Circus Gardens for the public to enjoy this summer, as staff begin to return to the City for work. Finsbury [...]
Sowing the seeds for the next stage of fintech success July 27, 2020 Fintech in the UK has grown at breakneck speed. In 2010 it accounted for just four per cent of venture capital investment in the UK. A decade later, this figure has risen to 28 per cent, with a record $4.9bn of capital investment landing in the UK in 2019 — a year-on-year increase of more [...]
As Britain embarks on a new trading chapter, the City is looking east July 13, 2020 The City of London’s international interconnectedness has always been fundamental to its success as one of the world’s leading financial centres. And with more than 250 foreign banks here employing tens of thousands of people, I welcome the recent easing of travel restrictions to and from the UK as another step towards the City’s Covid-19 [...]
Help young Londoners take their first step on the career ladder June 29, 2020 For so many young people, the coronavirus pandemic has left them questioning their educational future and career pathways. It has been such an uncertain time for pupils across the capital. And that’s why this year we were even more determined than ever before to host the London Careers Festival (LCF), albeit in a new format. [...]
The stage is set for the City to lead the post-Covid fintech revolution June 15, 2020 The 2008 global financial crisis marked a watershed moment for the financial services sector. For the global economy to recover, it needed to innovate. Investment in technology and its application across the entire financial system — what we now refer to as “fintech” — has since transformed the industry as we know it. Fintech will [...]
Lord Mayor: A global London is vital to a speedy recovery June 1, 2020 International cooperation has never been more important than now as we face up to the challenges posed by the current pandemic. Countries across the globe are tackling huge public health, economic and social issues so it is vital that we work together and continue to learn from one another. After all, global problems require global [...]
Kindness at the heart of City’s mental health efforts May 18, 2020 Even amid the anxiety and sad stories that have engulfed many of our daily lives, rays of light – acts of kindness that have made the news and that we have ourselves experienced first-hand – have still managed to cut through. It’s no surprise that the links between kindness and mental wellbeing are well-established in [...]
The City marks the sacrifice of World War II heroes May 5, 2020 This Friday at 3pm I’ll be joining millions of people across the UK and world in raising a glass to toast the heroes of World War 2, as we mark the 75th anniversary of VE Day. At the forefront of my mind of course will be the incredible Colonel Tom Moore, a man who continues [...]
Coronavirus: The pragmatism and innovation of the City is on full show April 20, 2020 The importance of technology to our everyday lives has become crystal clear over the last few weeks as we all adjust to staying and working from home to protect the NHS and save lives. This transition has been remarkably swift with the pragmatism and innovation of City workers and businesses coming to the fore. In [...]
