

In the City
Bloomberg
Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.
Episodes
Mentioned books

May 14, 2024 • 21min
Lifting the Bonus Cap on City Bankers
David Merritt speaks with senior editor Tom Metcalf and Bloomberg Opinion columnist Paul J. Davies about the consequences of changing the financial crisis-era policy.See omnystudio.com/listener for privacy information.

May 10, 2024 • 41min
Voternomics: What’s Worse Than Inflation? ‘Useless Politicians’
Ben Page, chief executive of market research company Ipsos, joins Voternomics this week to outline what he’s discovered about voters and what they think about their politicians, governments and economies. He tells Stephanie Flanders and Allegra Stratton that trust in politics is the “lowest we’ve ever measured.” Also on this episode, Flanders, Stratton and Adrian Wooldridge ask Bloomberg Opinion columnist John Authers whether—given the question of when the Federal Reserve will cut interest rates between now and the election—the central bank can remain above the political fray.See omnystudio.com/listener for privacy information.

May 7, 2024 • 26min
Joseph Stiglitz On The Meaning of Freedom, Danger of Trump 2.0, Columbia Protests
Nobel laureate and economics professor Joseph Stiglitz joins Francine Lacqua, Allegra Stratton and Adrian Wooldridge to explain why he feels the political right has warped the true meaning of freedom.See omnystudio.com/listener for privacy information.

May 3, 2024 • 39min
Voternomics: Why Politicians Are Paying the Price for Central Bank Sins with Karen Ward
Karen Ward, J.P. Morgan Asset Management’s chief market strategist for EMEA, joins this week to explain why politicians are being punished for the sins of central banks. Ward, a former Bank of England economist and adviser to both UK Chancellors Philip Hammond and Jeremy Hunt, tells Stephanie Flanders, Allegra Stratton and Adrian Wooldridge about the damage done as a result of missteps when it comes to inflation. Plus, Bloomberg News editor Craig Trudell unpacks how Elon Musk is driving on both sides of the US-China relationship. See omnystudio.com/listener for privacy information.

Apr 30, 2024 • 23min
The Story Behind BHP’s Big Bid for Anglo American
On this week’s episode of In the City, Senior Executive Editor Will Kennedy and Bloomberg Opinion columnist Javier Blas join to discuss the takeover bid that’s set the mining industry alight. We’re talking about BHP’s offer for Anglo American—how the offer came together, what happens next and what it means for the future of FTSE. See omnystudio.com/listener for privacy information.

Apr 26, 2024 • 51min
Voternomics: Why the US Election Isn’t About Foreign Policy with Niall Ferguson
Welcome to the first episode of Voternomics. On this podcast, Stephanie Flanders, Bloomberg’s head of government and economics coverage, Allegra Stratton, author of Bloomberg’s The Readout newsletter and Bloomberg Opinion columnist Adrian Wooldridge discuss how voters have the opportunity to affect markets, countries and economies like never before. Historian Niall Ferguson and Bloomberg Washington reporter Nancy Cook join our hosts to give their take on this unique moment in time. Ferguson explains why he believes the 2024 US presidential election isn’t about foreign policy, why Donald Trump is using his 2016 campaign strategy and why the second Cold War is escalating faster than the first. See omnystudio.com/listener for privacy information.

Apr 24, 2024 • 21min
Which Way Will the UK Go on Rate Cuts?
The Bank of England has found itself caught in the middle of a global divide over who will cut interest rates first—and when. Senior UK economy reporter Phil Aldrick joins David Merritt, Francine Lacqua and Allegra Stratton on this week’s In the City to explain the two schools of thought, and their implications.See omnystudio.com/listener for privacy information.

Apr 17, 2024 • 22min
Israel, Iran and a Radical Increase in Risk
The deadly April 1 airstrike on Iran’s consulate in Syria and Iran’s retaliation against Israel with a drone and missile attack changed the “rules of engagement” right before our eyes, according to geopolitical strategist Tina Fordham. “This is the most significant uptick in Middle East risk for 20 years.”Fordham is the founder of Fordham Global Foresight, an independent consultancy dedicated to advising boards and C-suite executives on geopolitical, socio-economic and financial risks. She joins David Merritt and Francine Lacqua on this week’s In the City to discuss the Israel-Hamas war, the resulting carnage in Gaza and how long-standing tensions between Israel and Iran are coming to a head. She also addresses what happens next and what it means for stability in the region as well as global markets. See omnystudio.com/listener for privacy information.

Apr 11, 2024 • 18min
What's Gone Wrong at Thames Water and What Could Be Next
Britain’s biggest supplier of water is in trouble. The parent company of Thames Water is at risk of running out of money, having been forced to deal with a seemingly endless series of leaks and sewage spills while struggling to adapt to global warming and its effect on London’s future. So how did it get into this big of a mess, and is there a way out? Bloomberg reporter Jess Shankleman joins this week’s In the City with Allegra Stratton and Ailbhe Rea to discuss. See omnystudio.com/listener for privacy information.

Apr 4, 2024 • 34min
Why Anthony Scaramucci Is Predicting Trump Will Lose
Anthony Scaramucci, a Wall Street veteran and former communications director in Donald Trump’s White House, joins Francine Lacqua and Bloomberg Opinion columnist Adrian Wooldridge on this week’s In the City to explain why he thinks a second Trump presidency would be “dangerous.” He also talks about why he isn’t voting for his former boss and why he doesn’t think the majority of Americans will either.See omnystudio.com/listener for privacy information.