The proportion of workers in the City of London’s financial services sector born outside the UK jumped to 36% in 2019, up from 32% a year earlier, according to new data from the ONS. Now more than ever it’s essential that the UK remains open to international talent in order to compete on the world stage. As Catherine McGuiness, Policy Chair at the City of London Corporation, said the City will continue to recognise the vital contribution that international workers make to our local economy and community.
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The Trial of the Pyx: Testing our coins
For centuries the Goldsmiths’ Company has performed the crucial task of independently checking coins produced by the Royal Mint to ensure they are of the right quality and composition set by law. This week I had the honour to join the jury in the so-called Trial of the Pyx – supported by experts of the London Assay office.
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Financial services sector contributes £75.5bn tax
Figures released by the City of London Corporation shows that despite considerable business uncertainty over the last year, the tax contribution made from the UK financial sector has remained broadly steady at an estimated £75.5bn – a small increase from last years’ £75bn. That accounts for more than £1 in every £10 paid to the government.
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FT reports "City grandees under fire over gay candidate’s lord mayor interview”
Happy New Year! This week the Financial Times and other newspapers reported that concerns have been raised over interview questions asked of a gay candidate for Lord Mayor of London. The process which determines who holds the 830-year-old title has been sharply criticised – and rightly so.
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Cheapside Christmas lights switch-on
This year I had the honour of speaking alongside The Lady Mayoress at the annual Christmas lights switch-on outside 150 Cheapside. Organised by the Cheapside Business Alliance in support of the City of London Police’s christmas appeal. I took the opportunity to thank local businesses, the Cheapside Business Alliance and police officer for all their making Cheapside – as The Lady Mayoress said placed in the heart of the City – an amazing place to work and visit!
2019 Annual Christmas lights switch-on at Cheapside
Combatting air pollution; policing priorities; investment in culture – our December newsletter is out!
Our new City of London ward news letter is out. In this edition you can find updates on how your Ward of Cheap team is supporting actions to combat air pollution, feedback on ward meeting with the Commissioner of the City of London Police, plans of the new Lord Mayor William Russell to promote culture in the City and more. Click here.
City of London Corporation adopts International Holocaust Remembrance Alliance definition on Anti-Semitism
Proud I was present at the @cityoflondon full council meeting in December together with my Ward of Cheap colleagues where we unanimously adopted the International Holocaust Remembrance Alliance definition on Anti-Semitism. Sending a clear message against anti-semitism in our society.
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City stands still to honour victims of terror attack
On Monday the City came together and stood in silence to remember Sakia and Jack, to wish those impacted strengthe and express our thanks to members of the public and emergency services for their heroic response. The Lord Mayor emphasised our continued focus on what binds us together.
Later I signed the book of condolances at Guildhall and laid flowers at Mansion House on behalf of my Alderman and fellow Councillors of the Ward of Cheap.
City Corporation takes position in national Social Mobility employer index
The City of London is committed to championing social mobility throughout our work internally and with our unique combination of stakeholders spanning the private, public, charitable and community sectors across the Square Mile, the City, London, the UK and beyond. It was good to see City of London Corporation takes 56th position in the 2019 Social Mobility Foundation employer index published last month.
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Inspiring excellence – The City’s commitment to education
This month we celebrated the 10th anniversary of The City Academy, Hackney. Truly inspirational to see amazing achievements of our students. Thanks to Sheriff Michael Mainelli for opening the event and handing out the prizes. It was an honour as Deputy Chair and sponsor lead for the City of London Corporation to represent the governors.
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