In the City - podcast cover

In the City

Bloombergwww.bloomberg.com

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. 

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Episodes

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 30, 202423 min

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 exp...

Apr 26, 202451 min

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 24, 202421 min

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 join...

Apr 17, 202422 min

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 fo...

Apr 11, 202418 min

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....

Apr 04, 202434 min

The Business of Hiring Refugees with Yogurt Tycoon Hamdi Ulukaya

Hamdi Ulukaya, the founder of the billion-dollar Chobani yogurt empire, is on a mission to convince companies everywhere that helping refugees is good business. It’s the guiding principle behind his nonprofit Tent Partnership for Refugees , a global network of companies committed to integrating refugees into the labor market. Ulukaya joins this week’s episode of In the City with hosts Francine Lacqua and Allegra Stratton to discuss the launch of the Tent UK coalition. See omnystudio.com/listener...

Mar 28, 202425 min

Listen Now: The Big Take

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon. See omnystudio.com/listener for privacy information.

Mar 26, 20241 min

Fear Rises of a Far-Right Election Surge in Europe with Michel Barnier

Former European Union Brexit negotiator Michel Barnier says the bloc is “in a sense at a crossroad.” With European Parliament elections set for June and focus turning to the far right, which is forecast to make gains , deep concern is rising for many in Europe— including Barnier. On this week’s episode of In the City , he speaks with Francine Lacqua on the sidelines of the Bank of America conference in Rome. Also on this episode, Bloomberg Opinion columnist Adrian Wooldridge joins to discuss Bar...

Mar 21, 202423 min

A Year Later, Lessons From Silicon Valley Bank UK's Rescue

“I would be lying if I said anything other than 2023 was extremely difficult, personally,” says Erin Platts, the former chief executive of Silicon Valley Bank UK. A year ago this month, Platts oversaw the unit’s emergency takeover by HSBC amid a meltdown in the US regional banking sector. Platts, who now runs the rescued iteration of the bank, joins Francine Lacqua and Allegra Stratton on this week’s In the City to explain why she feels the episode showed the strength of the UK regulation regime...

Mar 13, 202421 min

Will Jeremy Hunt’s Budget Help Save the Tories?

The In the City team analyzes the UK finance minister’s offerings and whether they’re enough to stave off defeat at the polls. Allegra Stratton, Francine Lacqua and Adrian Wooldridge host. See omnystudio.com/listener for privacy information.

Mar 07, 202418 min

Introducing: The Deal with Alex Rodriguez and Jason Kelly

The Deal , hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business titans, sports champions and game-changing entrepreneurs who reveal their investment philosophies, pivotal career moves and the ones that got away. From Bloomberg Podcasts and Bloomberg Originals, The Deal is available on Apple Podcasts , Spotify , iHeart , Bloomberg Carplay, or wherever you get your podcasts. You can also watch The Deal on Bloomberg Television, and Bloomberg Originals on YouTube ....

Mar 05, 20242 min

Jeremy Hunt’s Make-or-Break UK Budget

What is Jeremy Hunt’s plan for the UK budget this week? Where are tax and spending plans heading? Will any version of the budget make a dent in the Labour Party’s lead in the polls? UK government reporter Joe Mayes, creator of the UK budget game , joins this week’s In the City to explore those questions and outline what options he believes the Chancellor of the Exchequer has available to him. Hosts Francine Lacqua, Allegra Stratton and Bloomberg Opinion columnist Adrian Wooldridge also ask about...

Mar 04, 202420 min

Why Putin Won’t Get His $300 Billion Back

Rishi Sunak is calling for the proceeds from frozen Russian assets to go to Ukraine. But concerns have been raised over whether such a maneuver would be legal. Stephanie Baker, a senior reporter on Bloomberg’s investigations team, joins to explain how “financial engineering” can address that. Check out Stephanie Baker's upcoming book Punishing Putin : https://rb.gy/34qik3 See omnystudio.com/listener for privacy information....

Feb 27, 202419 min

Ex-Cazenove Chief Pickering on London's Banking Culture, Executive Pay, and NatWest Sale

Robert Pickering, once the chief executive of former private British investment bank Cazenove, joins to discuss his book Blue Blood: Cazenove in The Age of Global Banking and reflect on London's banking landscape. He says that competitive pay is a big problem and that “too many regulations” are getting in the way of snaring top talent. Discussing the prospect of NatWest’s retail offer, Pickering says there’s an ethical dilemma at work. See omnystudio.com/listener for privacy information....

Feb 22, 202421 min

Are Financial Regulators Looking the Wrong Way?

Miles Celic, chief executive of TheCityUK, the trade body which represents financial and professional services in Britain, joins Francine Lacqua and David Merritt on In the City this week. They discuss what the business sector wants to see in the budget next month, what it expects from a Labour government and why holding regulators accountable can be more important than which party is in power. See omnystudio.com/listener for privacy information....

Feb 15, 202423 min

Nick Candy On His Support for Starmer, Faith in Middle East Property Market

“The most undervalued real estate market in the world today, without a doubt, is the Middle East,” says property tycoon Nick Candy. Joining host Francine Lacqua on this week’s episode of In the City , Candy says he would be “running” to the region if he were in his twenties and starting up in real estate again. He also explains why when it comes to the UK government’s leadership, he thinks it’s time for a change, and why it'd be impossible for him to build a project like One Hyde Park in London ...

Feb 08, 202424 min

The Mission to Open Markets to ‘Real People’

UK Economic Secretary to the Treasury Bim Afolami says he wants to connect the public to equities and private markets. He shares his strategy for doing so with Allegra Stratton and Francine Lacqua. See omnystudio.com/listener for privacy information.

Feb 01, 202421 min

How Trump 2.0 Could Threaten Global Trade

A rematch between US President Joe Biden and Donald Trump is looking more likely since Florida Governor Ron DeSantis dropped out of the Republican race and former South Carolina Governor Nikki Haley came in second in New Hampshire. Coupled with recent polls pointing to Biden’s unpopularity with many Americans, politicians and business leaders all over the world are bracing for the possibility that the twice-impeached Trump could return to the Oval Office. On this week’s episode of In the City , ...

Jan 25, 202422 min

AI-Generated Misinformation Is a Top Concern in Davos

Misinformation and disinformation generated by artificial intelligence was near the top of the World Economic Forum’s report on global threats this year. But it’s not just AI that’s the culprit — it’s also “politicians willing to exploit, distribution patterns over social networks, the capacities of media organizations to verify." Azeem Azhar, creator of the Exponential View, a platform dedicated to in-depth technology analysis and Saadia Zahidi, managing director at the WEF, join hosts Francine...

Jan 18, 202424 min

Introducing: Bloomberg Daybreak Europe Edition

Bloomberg Daybreak: Europe Edition delivers today's top stories, with context, in just 15 minutes. Available every morning by 7am GMT in your feed. Subscribe On Apple Subscribe On Spotify Subscribe On Youtube Subscribe On Podcast Addict Subscribe On Audible See omnystudio.com/listener for privacy information....

Jan 16, 202413 min

The Biggest Global Risks in 2024 with Eurasia's Ian Bremmer

Every January, Eurasia Group puts out a list of the ten most important threats that will preoccupy world leaders, business decision-makers and the rest of the world in the year ahead. On this week’s In the City , the political risk consultancy’s founder and president, Ian Bremmer, tells us the biggest geopolitical risk stems from America’s political dysfunction. He also discusses Elon Musk’s role in a divided America and warns that the Middle East war will escalate. But for some positivity, he p...

Jan 11, 202429 min

What Does 2024 Hold for the UK Economy?

Will the UK economy rally, stall or dive in 2024? What will British house prices do? Where is inflation heading and has the Bank of England interest rate peaked at 5.25%? On the last 2023 episode of In the City , senior reporters Phil Aldrick and John Stepek join host Francine Lacqua to answer those questions and share their outlook for the UK economy next year. See omnystudio.com/listener for privacy information.

Dec 28, 202321 min

Get Ready for a ‘Ho-Hum’ UK Retail Holiday

Spending on big-ticket items like home renovations will be limited, but more affordable gifts are growing in popularity—including the “snuggle hoodie.” Bloomberg Opinion columnist Andrea Felsted and UK retail reporter Katie Linsell join Allegra and Francine to unpack the retail landscape this holiday season and what we can expect in 2024. See omnystudio.com/listener for privacy information.

Dec 21, 202319 min

Introducing: Bloomberg News Now

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world. on Apple: trib.al/Mx9TCh1 on Spotify: trib.al/T4BG8s4 Anywhere: trib.al/O4EX6BA See omnystudio.com/listener for privacy information.

Dec 14, 202351 sec

The British Investing Risk Factor

“Nice people become horrible people” during an election year, says Richard Harrington. But as the ex-Tory minister who recently led a government review of the UK’s approach to attracting foreign investment, he adds that he hopes his recommendations will be embraced by Labour and Conservatives, rather than being “sucked into” a political fight. On this week’s episode of In the City , Harrington joins Francine Lacqua and Allegra Stratton to discuss why the UK’s attractiveness as an investment dest...

Dec 14, 202322 min

Why Maximizing Revenue Isn’t a CEO’s Only Job

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 runni...

Dec 07, 202322 min

Paul Polman: Forget About a COP28 ‘Magic Wand'

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.

Nov 30, 202320 min

BONUS: The Rishi Sunak Interview

Hear Francine's full interview with Prime Minister Rishi Sunak. They discuss his plan for the economy, cutting taxes, election timing, and the situation in the Middle East. See omnystudio.com/listener for privacy information.

Nov 26, 202312 min

BONUS: All-Star Bloomberg Panel Discuss Autumn Statement

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.

Nov 25, 202333 min
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