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In a rush
Debt ceiling breakthrough fails to lift London index

By: William Russell

William Russell is Lord Mayor of the City of London.

  • If cities like London and Cardiff collaborate, the whole UK will prosper

    March 9, 2020

    Last week, digital bank Starling announced the creation of 400 new jobs in Cardiff. To anyone familiar with the thriving city, it should come as no surprise. The Welsh capital has cultivated an innovative digital and tech centre with particular specialities around life sciences and software technology, as well as fast-growing adjacent industries such as [...]

  • Culture complements commerce, so let’s celebrate the City’s thriving artistic scene

    February 24, 2020

    As lord mayor of the City of London, my role is primarily business-focused. But I am also passionate about arts and culture, and with so much of it on our doorstep, Londoners are truly fortunate. In fact, championing culture is a key part of my mayoral theme. And to underline its importance, I am looking [...]

  • The financial services sector will be key as we chart a new course on the world stage

    February 8, 2020

    The UK’s financial services sector has charted a pragmatic course since the EU Referendum, and recent figures show that it continues to flourish. Indeed, research from Innovate Finance revealed how investment in the UK’s fintech sector reached a record high of nearly $5bn in 2019, with industry growth far outstripping that of the US, China, [...]

  • Going green: The City is leading the charge towards a sustainable financial future

    January 27, 2020

    This year, for the first time ever, the climate crisis dominated the World Economic Forum’s Global Risks Report. The five top threats to the global economy identified all concerned the environment. Unprecedented climate events are happening with alarming regularity. The message is clear: we must urgently work together to achieve the transition to a green [...]

  • The City should be proud of its world-class cultural scene

    January 13, 2020

    When I decided the themes for my mayoral year, I was determined to show my support for culture, heritage and the arts, which are at the heart of life in the City and a driving force for the UK’s economic growth. Our world-leading culture offer encourages us to think differently about ourselves and our lives. [...]

  • London’s fintechs are magnets for venture capital investment

    December 9, 2019

    The outcome of Thursday’s election will be of significant interest to our partners on the other side of the Atlantic. I am confident, however, that both our US and Mexican partners will recognise the huge, long-term opportunities for closer collaboration as technology opens up a new chapter in our trading relationship. The rapidly increasing digitisation [...]

  • Our cities must work together to unlock Britain’s full potential

    November 25, 2019

    When most people think of the UK financial and professional services sector, they immediately associate it with tall towers and iconic institutions based in the Square Mile. But that is just one part of the story. Today, 2.3m people are employed in these industries, with over two thirds of those jobs outside of London. As [...]

  • Introducing the new lord mayor of London

    November 11, 2019

    As the 692nd lord mayor of the City of London, it is an enormous privilege to represent the greatest city in the world. I was delighted to start my term with a spectacular cultural event on Saturday at the Lord Mayor’s Show, which brought together different communities from across the capital and beyond.  This showcased [...]

  • Festive cheer: Even busy City workers should volunteer this Christmas

    December 11, 2014

    It’s the season to be jolly, and the capital’s workers are flocking to celebrity-packed carol services, helping to swell the coffers of deserving charities. Just this week, guests joined the likes of Lesley Garrett, Dame Eileen Atkins and Colin Murray to raise £24,000 for children’s mental health charity Place2Be. And in the Square Mile, a [...]

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