Katherine Griffiths

Katherine Griffiths, Bloomberg’s City Editor, dives into the aftermath of Chancellor Rachel Reeves' Mansion House speech. She highlights the Chancellor's ambitious vision for the UK financial sector, stirring positive reactions among industry leaders. The discussion includes the hot button topic of ring-fencing regulations and how banks are grappling with their implications. Additionally, they explore the Labour Party's evolving relationship with the City, touching on non-domiciled taxation and new mortgage regulations, all aimed at invigorating the UK's economic landscape.

Katherine Griffiths, City Editor at Bloomberg, dives into the challenges facing London's financial services as global investors voice concerns over the UK's future. She discusses Jamie Dimon’s warnings about Britain's need for reforms or risk permanent decline. Labour's strategies for reviving the financial sector are explored, emphasizing the importance of tax policies and investor relations. Griffiths also touches on the impact of Brexit on financial firms and the pressing need for clear governmental strategies to attract global investments back to the UK.