People from all backgrounds deserve the opportunity to succeed in our capital December 2, 2019 As we draw closer to the end of another momentous year in politics, it’s a time to reflect and look forward to the future. With all the Brexit noise, social mobility is one of the many issues that just hasn’t had enough airtime recently. Too often, people from less financially advantaged families lack opportunities, and [...]
To tackle the challenges of our age, UK and EU finance firms must work together November 18, 2019 The economy is a hot topic this election campaign, but one issue which is attracting little attention so far is the value and significance of financial and professional services. According to new data from the Office for National Statistics, the UK exported £82bn of financial services last year, up £4bn on 2017. This gives us [...]
City firms must prove their responsible business credentials to attract top talent November 4, 2019 Brexit has been top of the agenda for many City firms, but there is so much more that they should be thinking about. When I speak to young City workers at the start of their careers, they want to know that their employers are standing up and making a positive difference. They want to work [...]
The City’s success depends on our ability not only to compete, but to collaborate October 21, 2019 Just last week, German Chancellor Angela Merkel remarked that the UK will join the likes of China and the US in becoming an “economic competitor” of the European Union after Brexit. There is, of course, no doubt about the competitiveness of the UK’s financial services sector, nor about the fundamental strengths of London. But looking [...]
The City Corporation is leading the charge for a greener, cleaner, plastic-free capital October 7, 2019 Brexit has been top of the agenda for many City firms in recent years, but one issue that could disrupt business models even more significantly in coming decades is climate change. In the words of Bank of England governor Mark Carney, the transition to a carbon-neutral economy poses an existential challenge – and it is [...]
In a world of data and digitisation, the City continues to hold the winning cards September 24, 2019 At a time when the spotlight is on London’s future as a global hub for finance, new data showing that the capital has extended its lead in global FX and interest rate derivatives trading since 2016 was a clear vote of confidence in the City. This was backed up by the latest Global Financial Centres [...]
As politicians argue over the EU, the City is poised and ready to trade with the world September 9, 2019 It has now been more than 1,150 days since the referendum on the UK’s membership of the European Union. Many in the Square Mile have understandably found this period of such prolonged uncertainty frustrating. While there have been many twists and turns in Westminster over the past week, it remains far from clear what will [...]
Results are in, now businesses across the City must level up to boost social mobility August 19, 2019 Last week saw pupils across the UK celebrate their A-level results. A lot of hard work and dedication goes into preparing for these exams – not only from the pupils themselves, but also from teachers, support staff, school governors, and parents. The City of London Corporation, which manages 10 high-performing academies across London’s boroughs, was [...]
The Brexit clock is ticking down again, and City businesses are crying out for certainty August 5, 2019 With the excitement of a new Prime Minister and so many changing faces across government, it is easy to overlook that we are now less than three months away from the next Brexit cliff edge. In other words, the risk of a no-deal Brexit is drawing dangerously close. And businesses need to prepare for that. [...]
We all have a part to play in bridging the UK’s disability employment gap July 22, 2019 Your first job interview can be a daunting experience. For disabled people, that first time can be even more challenging. Imagine having to take on a job interview where the preparatory material has been supplied in a format that you cannot read. Or imagine having that interview in the car park, because you can’t access [...]