It’s true, Paris isn’t far behind London but we can still win the race to be the top city February 6, 2023 Since Brexit, Londoners have feared the moment Paris would overtake the city for the crown of financial services, but we can still keep our advantage if we compete with France’s regulatory environment, writes Chris Hayward.
Westminster might quarrel with Scotland, but the City and Edinburgh get on just fine January 23, 2023 Nicola Sturgeon and Rishi Sunak's government have gone head-to-head, but the financial institutions in London and Scotland are busy keeping our relationship strong, writes Chris Hayward
To be an attractive location the City needs an innovative offer, starting from transport January 9, 2023 For many City workers, after a week of working from home due to rail strikes, today will be the first day back in the office. People across the Square Mile will hope that the new year brings a swift resolution to the railways’ industrial action. We all want to return and help the City unlock [...]
As we move away from a risky dependency on fossil fuels, the City leads the way in shaping a safer green future December 19, 2022 With the arrival of winter’s first snow last week, there is a chill in the air and energy consumption across the UK is rising. The strain on energy use has been particularly acute for households and businesses this year. Russia’s invasion of Ukraine and post-pandemic supply chain struggles have driven soaring prices just at a [...]
The Great Smog must be firmly in the past: our City will display exemplary air quality December 5, 2022 Seventy years ago this week, five days of toxic air brought London to a standstill. Flights were grounded, cars abandoned, and trains cancelled. The “Great Smog” – as it became known – descended on the capital, as smoke and noxious fumes from coal fires, vehicles, and factories mixed with fog and mist. Initial estimates suggested [...]
Tax hikes will cause national pain but London can still build its own growth plan November 21, 2022 Jeremy Hunt faced a difficult balancing act in the Autumn Statement last week. The state of affairs he outlined, albeit unsurprising, was still a stark warning about the precarious nature of our economy: a £55bn black hole in the nation’s finances. We now know how the government will seek to restore parity in the national [...]
Net zero won’t come cheap, but the impact of floods and heat will continue to cost us November 7, 2022 In the year since Cop26 in Glasgow, we have endured record breaking temperatures here in the UK, mass flooding has devastated 33 million people in Pakistan, while the western United States has experienced severe droughts.
Strong and certain regulatory regimes are the backbone of investment in London October 24, 2022 If you have seen the movie “Wolf of Wall Street”, you will remember when the main character starts selling stocks in “Aerotyne International”: he claims it to be a cutting-edge high-tech firm, but in reality it is a workshop in a garden shed.
The Square Mile’s reputation as a no-go zone on weekends needs to be overhauled October 10, 2022 We must seize this once-in-a-generation opportunity to redefine the Square Mile, just as the Elizabeth Line is connecting more people to the City than ever before.
Tax cuts won’t bring us growth unless coupled with a dedication to competition September 26, 2022 Our financial and professional services sector drives growth, supports investment and facilitates trade. But this contribution must never be taken for granted.
