In the City

When former Unilever Chief Executive Officer Paul Polman was approached by Kraft Heinz with an offer many would find too good to refuse—a $143 billion takeover bid with a personal payout of $110 million—he says he turned it down. “They think everything is for sale,” he says. “Morals are not for sale.”Polman, 67, who worked for Procter Gamble and Nestle before Unilever, joins David Merritt and Francine Lacqua on this week’s In the City  to share lessons he learned while CEO, and why he says running a company is more than maximizing shareholder returns. “If you would listen to all the shareholders and do what they were asking you to do, your company would be bankrupt before you knew it.”See omnystudio.com/listener for privacy information.

Former Unilever CEO Paul Polman cautions those with high expectations for this week’s summit in Dubai. But he says there’s hope in the private sector. He joins Dave and Fran as the COP28 climate summit kicks off. See omnystudio.com/listener for privacy information.

Prime Minister Rishi Sunak discusses the UK's economic recovery, tax cuts, addressing illegal migration, and supporting Israel's right to self-defense and a two-state solution.

Francine Lacqua sat down with Allegra Stratton, Editor-in-Chief John Micklethwait, Opinion Columnist Adrian Wooldridge and Head of Government and Economics Stephanie Flanders to discuss the Autumn Statement at the UnHerd club in Westminster. See omnystudio.com/listener for privacy information.

Rishi Sunak’s government is running out of time to win back voters. Bloomberg City editor Katherine Griffiths joins In the City hosts David Merritt, Francine Lacqua and Allegra Stratton to unpack Chancellor Jeremy Hunt’s pledges in this week's budget. See omnystudio.com/listener for privacy information.

Jennifer Welch, chief geoeconomic analyst at Bloomberg Economics, joins to discuss how Joe Biden and Xi Jinping came together for a successful meeting following a long chill.We also unpack the reception Xi got from top American business executives at an exclusive dinner, as well as the surprising announcement that former UK prime minister David Cameron was returning to politics. See omnystudio.com/listener for privacy information.

Martha Lane-Fox, president of the British Chambers of Commerce, discusses the impact of Brexit on UK businesses. She emphasizes the effect on the skills base. NFX General Partner Pete Flint is optimistic about the UK's chances of becoming a business hub like San Francisco. However, he advises against companies going public in the UK.

At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts.See omnystudio.com/listener for privacy information.

Andrew Griffith explains on this week's In the City that the British capital can act as an “honest broker” on digital currencies and artificial intelligence. Griffith joins David Merritt for a conversation in New York City, where he was meeting with investors and talking to firms about how London can factor into their futures.See omnystudio.com/listener for privacy information.

This week, the UK government is hosting global leaders and business executives in Bletchley Park, north of London, for the first major meeting on artificial intelligence. But what exactly can Britain contribute when it comes to understanding—and managing—the future of AI?Bloomberg technology editor Nate Lanxon, co-host of the Bloomberg Originals series AI IRL, says the UK effort to get in early on AI regulation is a smart one. He joins this week’s In the City with hosts Francine Lacqua and Allegra Stratton to explain why. See omnystudio.com/listener for privacy information.