The financial sector contributes huge amounts to the UK economy.
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The financial sector is central to the UK economy – so while fears linger over its underlying strength, Labour is unlikely to give it the tougher treatment some experts recommend.
Chancellor Jeremy Hunt fears the plans will do more harm than good.
EPA
The government and Financial Conduct Authority are at loggerheads over proposals to name and shame financial firms under investigation.
Sam Bankman-Fried (centre) leaving court in June 2023 after he was charged following the collapse of his cryptocurrency business.
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The general public may want tighter crypto regulations but is the UK government listening?
The Great Fire of London by Josepha Jane Battlehooke (1675).
Museum of London
Writers at the time were much more concerned with the fire’s destructive power than describing how it started in any detail.
City leaders often appear reluctant to discuss London’t role in growing levels of regional inequality.
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Business bosses appear reluctant to take part in open debate about their firms’ contribution to growing regional inequalities.
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Sexism and misogyny still rears its head in everyday interactions in the financial services industry, not just in the scandals that hit the headlines.
Canary Wharf, London.
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British banks moved to Canary Wharf in search of space and modern facilities but hybrid working needs could drive banks back to the City of London’s smaller spaces.
Price rises are slowing but inflation remains persistent.
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UK inflation has been stubbornly high and interest rate hikes have not yet brought it in line with other advanced economies.
City of London bankers and executives at the annual Lord Mayor’s dinner in Mansion House, 2018.
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My research suggests City firms’ efforts to deliver more equal representation at the top have not worked because they were never meant to.
Boom or bust?
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The government wants to make UK finance more competitive after the damage caused by Brexit.
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Behind the government’s net zero bluster there has been little progress in decarbonising the UK.
Bevis Marks traces the historic Jewish presence in the City of London.
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Bevis Marks – the cathedral synagogue of British Jewry – is one of the few remaining traces of the historic Jewish presence in the City of London. As a national heritage site, it has no parallels.
City limits?
Jack Gibson
The question now is, how to turn a crisis into an opportunity.
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The UK’s financial services sector has been planning for a considerably reduced market access.
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A no-deal Brexit means the immediate imposition of import duties and various controls on UK-EU trade.
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Some banks are moving their operations out of London. Others are moving in to serve British clients they might not be able to reach from the EU.
Peter J Coughlan/Flickr.
There are early indicators that London’s fortunes could be shifting.
The spectre of Brexit hangs over the City of London.
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The EU has ruled out any cherry picking from the UK for things like single market access for financial services.
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The Conservatives may be willing to sacrifice what’s left of the UK’s beleaguered social model to maintain the City’s global status.
Standing tall.
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The one audience that was prepared for a hard Brexit, it seems, was the City of London.