180: “News of Our Demise Has Been Greatly Exaggerated.” Why the City of London Remains a Globally Potent Force - With Sir Alastair King, Lord Mayor of the City of London
Update: 2025-07-31
Description
Has the demise of London's leading financial services been "greatly exaggerated", and does the underlying evidence tell a very different story?
In this interview, held at Mansion House in the historic City of London financial district, the Right Honourable Alastair King (696th Lord Mayor of the City of London) explains his view that the UK enjoys an unrivalled position, untouched by other European capitals.
He explains London and the wider UK “moat”, and why it exhibits persistency and resilience. Perhaps the most unexpected statistic is the significant growth in employment numbers in the City since Brexit.
He discusses the importance of the Mansion House Reforms and the £75bn of investment by 2030, headed into private assets. He discusses why we must recognise that we need to take more risk, judiciously but emphatically (and this is directed at both public and private markets).
Lord Alastair then touches on the lessons we can learn from Canada and Australia and his current priorities. Finally, he explains why we need to get on planes/trains in order to trumpet the UK and drive new business opportunities.
In this interview, held at Mansion House in the historic City of London financial district, the Right Honourable Alastair King (696th Lord Mayor of the City of London) explains his view that the UK enjoys an unrivalled position, untouched by other European capitals.
He explains London and the wider UK “moat”, and why it exhibits persistency and resilience. Perhaps the most unexpected statistic is the significant growth in employment numbers in the City since Brexit.
He discusses the importance of the Mansion House Reforms and the £75bn of investment by 2030, headed into private assets. He discusses why we must recognise that we need to take more risk, judiciously but emphatically (and this is directed at both public and private markets).
Lord Alastair then touches on the lessons we can learn from Canada and Australia and his current priorities. Finally, he explains why we need to get on planes/trains in order to trumpet the UK and drive new business opportunities.
The Money Maze Podcast is kindly sponsored by Schroders, IFM Investors, World Gold Council and LSEG.
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