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These Times
The Future of the City, with Bim Afolami and Francesca Carlesi
May 2, 2024
MP Bim Afolami and Revolute CEO Francesca Carlesi discuss the future of London post-Brexit, the city's technological advancements, and navigating global financial competition. They explore London's historical resilience, evolving relationships with Gulf states, and the challenges and strategies for revitalizing London's financial position in the global market.
48:38
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Quick takeaways
- London transitioned from imperial financial center to global banking hub post-2008 crisis.
- Brexit reshaped London's relationships and financial standing within Europe.
Deep dives
Shift in the City of London's Role Post-2008 Financial Crisis
Following the 2008 financial crisis, the City of London underwent a significant shift where it transitioned from being an imperial financial center to a global banking hub. The geopolitical shocks post-2008 transformed London's financial position, signifying a departure from its imperial legacy. By adapting to the changing global landscape and becoming a crucial player in banking outside the United Kingdom and Europe, London demonstrated resilience and ingenuity in navigating the post-imperial era.
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Discover
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