In the City

By Bloomberg

What's In the City about?

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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In the City episodes:

05.31.2024
South Africa is in Uncharted Waters. What's Next?
For the past three decades, South African politics have been defined by the African National Congress. But with initial forecasts from the May 29 vote showing a marked decline in support for the ruling party, change looks likely. So what do...
05.28.2024
City of London Sees Labour’s Return as Chance for Stability
The coming July 4 general election in the UK is a good thing, according to executives in the City of London. With Labour currently predicted to trounce the embattled Tories, some contend the vote is a chance for stability after...
05.24.2024
Voternomics: How to Beat Back AI’s Threat to Democracy with Audrey Tang
Bad actors using machine-learning, generative artificial intelligence and the power of digital networks are seeding ever-more distrust in democracy, warns Audrey Tang, former digital affairs minister for Taiwan. Tang joins this week’s episode of Voternomics to discuss the risk of foreign interference in the...
05.22.2024
Voternomics: "Bleeding to Death" Tory Party Calls July Election. But Why Now?
On this special edition of Voternomics, we discuss the possible reasoning behind the Conservative’s decision to gamble on an earlier-than-expected vote. See omnystudio.com/listener for privacy information.
05.20.2024
What the Death of Iran’s President Means for the Middle East
On this week’s In the City, we discuss the immediate questions around replacing Ebrahim Raisi and how that may affect Iran’s relationship with Saudi Arabia. Bloomberg regional news director Rosalind Mathieson joins hosts David Merritt, Francine Lacqua and Allegra Stratton to...
05.17.2024
Voternomics: Why Europe Needs to Unite Around Its Defense with Wolfgang Ischinger
Former Munich Security Conference Chair Wolfgang Ischinger joinsVoternomics to explain the new European project he says is needed. Plus, Bloomberg reporter Michael Nienaber discusses why German Chancellor Olaf Scholz’s popularity remains at historic lows while the far-right AfD party may...
05.14.2024
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.
05.10.2024
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...
05.07.2024
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.
05.03.2024
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...
04.30.2024
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...
04.26.2024
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...
04.24.2024
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...
04.17.2024
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...
04.11.2024
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...
04.04.2024
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...
03.28.2024
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...
03.26.2024
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...
03.21.2024
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...
03.13.2024
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...
03.07.2024
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.
03.05.2024
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,...
03.04.2024
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...
02.27.2024
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...
02.22.2024
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...
02.15.2024
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...
02.08.2024
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...
02.01.2024
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.
01.25.2024
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...
01.18.2024
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...
01.16.2024
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.
01.11.2024
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...
12.28.2023
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...
12.21.2023
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...
12.14.2023
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...
12.14.2023
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...
12.07.2023
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...
11.30.2023
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...
11.26.2023
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.
11.25.2023
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.
11.23.2023
Tories Try to Catch Labour Using Tax Breaks
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...
11.16.2023
Biden’s ‘Organic’ Strategy for US-China Diplomacy
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...
11.11.2023
BONUS: Brexit’s Long-Term Damage to UK Startups
Martha Lane-Fox, president of the of the British Chambers of Commerce, said she sees Brexit as the main issue facing UK businesses. “Brexit affected the skills base full-stop,” she said on this week’s episode of In the City. Fox joined NFX General Partner...
11.10.2023
Introducing: Elon, Inc.
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...
11.09.2023
City Minister Andrew Griffith on Crypto, Regulatory Reform, and Brexit
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...
10.31.2023
The Race to Regulate AI Has Begun
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...
10.26.2023
Saudi Arabia’s ‘New Middle East’ Has a Problem: The Old One
On this week’s In the City, we look at Crown Prince Mohammed bin Salman’s vision of regional prosperity, and whether it can survive the Israel-Hamas war. Saudi bureau chief Matthew Martin joins Francine Lacqua at the Future Investment Initiative in Riyadh,...
10.18.2023
The Israel-Hamas War’s Growing Threat to the Global Economy
Rishi Sunak is the latest leader headed to Israel. The Gaza hospital attack “should be a watershed moment for leaders in the region and across the world to come together to avoid further dangerous escalation of conflict,” the UK PM...
10.11.2023
Exclusive Conversation with Barclays CEO C.S. Venkatakrishnan
In his podcast debut, C.S. Venkatakrishnan, Barclays chief executive officer, says stagnant deal activity, easing volatility and peaking interest rates are set to compound pressure on bank earnings. Despite tentative signs of activity returning at the start of September, Venkatakrishnan tells David...
10.04.2023
LSE Chief Julia Hoggett on CEO Pay, Overdue Optimism and Listing Reforms
Are the bulls about to return to Britain? Positive outlooks for UK equities are breaking through the clouds. London Stock Exchange Chief Executive Julia Hoggett says it’s about time. Hoggett also discusses executive pay, saying the UK’s restrictions are hindering...

What's In the City about?

Download our free app to listen on your phone

In the City episodes:

South Africa is in Uncharted Waters. What's Next?

City of London Sees Labour’s Return as Chance for Stability

Voternomics: How to Beat Back AI’s Threat to Democracy with Audrey Tang

Voternomics: "Bleeding to Death" Tory Party Calls July Election. But Why Now?

What the Death of Iran’s President Means for the Middle East

Voternomics: Why Europe Needs to Unite Around Its Defense with Wolfgang Ischinger

Lifting the Bonus Cap on City Bankers

Voternomics: What’s Worse Than Inflation? ‘Useless Politicians’

Joseph Stiglitz On The Meaning of Freedom, Danger of Trump 2.0, Columbia Protests

Voternomics: Why Politicians Are Paying the Price for Central Bank Sins with Karen Ward

The Story Behind BHP’s Big Bid for Anglo American

Voternomics: Why the US Election Isn’t About Foreign Policy with Niall Ferguson

Which Way Will the UK Go on Rate Cuts?

Israel, Iran and a Radical Increase in Risk

What's Gone Wrong at Thames Water and What Could Be Next

Why Anthony Scaramucci Is Predicting Trump Will Lose

The Business of Hiring Refugees with Yogurt Tycoon Hamdi Ulukaya

Listen Now: The Big Take

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

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

Will Jeremy Hunt’s Budget Help Save the Tories?

Introducing: The Deal with Alex Rodriguez and Jason Kelly

Jeremy Hunt’s Make-or-Break UK Budget

Why Putin Won’t Get His $300 Billion Back

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

Are Financial Regulators Looking the Wrong Way?

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

The Mission to Open Markets to ‘Real People’

How Trump 2.0 Could Threaten Global Trade

AI-Generated Misinformation Is a Top Concern in Davos

Introducing: Bloomberg Daybreak Europe Edition

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

What Does 2024 Hold for the UK Economy?

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

Introducing: Bloomberg News Now

The British Investing Risk Factor

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

Paul Polman: Forget About a COP28 ‘Magic Wand'

BONUS: The Rishi Sunak Interview

BONUS: All-Star Bloomberg Panel Discuss Autumn Statement

Tories Try to Catch Labour Using Tax Breaks

Biden’s ‘Organic’ Strategy for US-China Diplomacy

BONUS: Brexit’s Long-Term Damage to UK Startups

Introducing: Elon, Inc.

City Minister Andrew Griffith on Crypto, Regulatory Reform, and Brexit

The Race to Regulate AI Has Begun

Saudi Arabia’s ‘New Middle East’ Has a Problem: The Old One

The Israel-Hamas War’s Growing Threat to the Global Economy

Exclusive Conversation with Barclays CEO C.S. Venkatakrishnan

LSE Chief Julia Hoggett on CEO Pay, Overdue Optimism and Listing Reforms