The City of London is about creating wealth, enriching the business & built environment, and sharing prosperity through philanthropy. As workers in the City vote as well as residents, we pay particular attention to our annual surveys. At the time of Brexit, 2016, we had 525,000 workers. At the time of the November 2023 survey we had 615,000 workers. The latest survey just published shows 678,00 workers, an increase of 10.4%.
General Interest
Expanding into the UK: a guide for international financial services firms
| The City of London Corporation has created a guide for financial services businesses expanding into the UK. This practical resource will help firms to navigate the UK regulatory system and seek authorisation. Expanding into the UK: a guide for international financial services firms, developed with global law firm Hogan Lovells, provides a clear outline of what to expect. It offers: An explanation of the main elements of the UK’s regulatory regime; Guidance on which regulator – the FCA or the PRA – firms should obtain authorisation from; A step-by-step overview of how to obtain authorisation, and the timeline for the application process; Sector-specific insights for banking, fintech, insurance and asset management firms; Further practical steps for setting up a business in the UK. With a skilled workforce, global connectivity, and a world-leading regulatory framework, the UK offers unparalleled opportunities for growth and innovation. Building your business here is an opportunity to connect with a vibrant ecosystem of experts, innovators and leaders across financial services and technology. The City of London Corporation is here to help. Get in touch to start your journey. |
The King Is Dead, Long Live The (Burgher) King!
As Alderman Professor Michael Mainelli bids farewell to his 2023-2024 year in office, we were thrilled today to welcome Alderman Alastair King as the 696th Lord Mayor of London at the ever-magnificent Lord Mayor’s Show on 9 November 2024.
Article: Dressing up the past year – “I’ve had an incredible year as Lord Mayor – here’s to the next 695”
Our Alderman, Professor Michael Mainelli, reflects on his and Elisabeth’s year as Lord Mayor and Lady Mayoress:
“I’ve had an incredible year as Lord Mayor – here’s to the next 695” – City AM
Court Of Aldermen – Summary Guide
A summary report on the work of the Court of Aldermen has been published:
https://liverycommittee.org/wp-content/uploads/securepdfs/2024/10/court-of-alderman-2024-25.pdf
Turkey-Syria Earthquake Appeal
To support vital relief efforts on the ground, the City Corporation has made a donation of £50,000 from its International Disasters Fund to the Turkey-Syria Earthquake Appeal launched today by the Disasters Emergency Committee (DEC). To donate to the appeal visit the DEC website.
Age UK Receives £655k Grant Towards Cost-of-Living Crisis
An historic charity founded by an Elizabethan benefactor has given a six-figure funding boost to London’s vulnerable older people struggling with the cost-of-living crisis.
The Emanuel Hospital charity, set up in 1600 and administered by the City of London Corporation, has awarded a grant of £655,154 to Age UK to support thousands of older people across the capital.
The funding will go to 22 local Age UKs across London, who will use it to offer information and advice sessions on topics including claiming benefits, saving energy, eating well on a budget and avoiding scams.
It has been made available in acknowledgement of the increased demand on Age UK’s services caused by the cost-of-living crisis. The charity’s services provide a lifeline to vulnerable older people struggling to make ends meet amid rising costs.
Research shows that even before this year’s sharp increase in inflation, 15% of pensioners in the UK were in poverty, the equivalent of 1.7 million people[i].
Chairman of the City of London Corporation Emanuel Hospital Management Sub Committee Alderman Professor Michael Mainelli said:
Local Job Opening – Clinic Manager (Job Share, 2 days a week)
Medical Prime, Private Menopause and GP Clinic.
Clinic Manager (Job Share, 2 days a week)
– Job Description
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Please contact: davidsl@medicalprime.co.uk
City Business Library Support During Covid-19
City Business Library (CBL) staff have been working hard behind the scenes to find ways in which we can continue to support our business customers during lockdown with their market research, business start-up questions and online learning. We understand that being at home can be frustrating, but we want to help you continue the business plans you had set for 2020.
Visit Covid-19 business support pages on website to find out more »
Free 121 Bitesize Business Advice Sessions
Regular business advice sessions have been condensed to 30 minute online consultations. These are being offered as a complimentary service to anyone thinking of starting a business while City Business Library is closed. Yes, that’s right – business advice for FREE! Once you register your allocated business advisor will be in touch to arrange a suitable time to talk.
Register for bitesize business advice 121 >>
Covid-19 Global Data
You can now subscribe to MarketLine to receive their regular Coronavirus Executive Briefing, helping you to understand how the outbreak may impact your business. CBL Remote Access Membership. You can still become a City Business Library member to access some of our databases which are available remotely. With the Access membership you can get free access to the Cobra (Complete Business Reference Adviser) database that has a factsheet ‘Coronavirus – Government Support for Business’ which contains advice on sources of information for businesses and employers.
Find more information about CBL membership »
Online Courses
Why not take this time to learn or develop your skills. All online courses have been discounted so you can make the most of your time at home.
Shop the sale »
2019-nCoV Advice
The UK government has circulated this link – https://www.gov.uk/government/publications/novel-coronavirus-2019-ncov-guidance-to-assist-professionals-in-advising-the-general-public/guidance-to-assist-professionals-in-advising-the-general-public – to advise the public on how to prevent spread of 2019–nCoV infection, what symptoms to look for, and what to do if you become unwell in a variety of settings. The guidance covers the following topics:
- Preventing spread of infection
- Actions on return from China
- Symptoms and what to do
- Feeling unwell while away from home
- Travel to countries outside China that have 2019-nCoV cases
- Cleaning shared spaces
