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
Money Maze Podcast
Money Maze Podcast
4.8 • 216 Ratings
🗓️ 31 July 2025
⏱️ 35 minutes
🧾️ Download transcript
Summary
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.
Transcript
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| 0:00.0 | Welcome to the Money Mace podcast. |
| 0:04.8 | If this is your first time joining us, I'm the host, Simon Brewer, |
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| 0:44.8 | Admits the relentless drumbeat of pessimism surrounding the UK and London's financial services sector, the challenge isn't to resurrect a bygone era, but to reassert London's |
| 0:50.4 | enduring and distinctive strengths. Today, to examine the state of play and discuss some of the |
| 0:55.8 | myths and the challenges, we're delighted to be here at Mansion House in the City of London |
| 1:00.2 | and to welcome the right honourable, Alistair King, Lord Mayor of the City of London. Welcome for the |
| 1:04.9 | Monomys Podcast. Thank you. Lovely to be here. Well, for those watching on our YouTube channel, |
| 1:12.5 | they are going to have more of a treat than for those just listening on Spotify and other platforms, because we are not in our very nice |
| 1:17.0 | studio in Marlabo. We're here at the very palatial mansion house. And a quick history lesson, |
| 1:24.1 | if I may, why is this building called the Mansion House? |
| 1:28.4 | Well, it goes back a long way. It's built in 1752 and it's been the home of Lord Mayor's |
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