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In the City

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.

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Top 10 In the City Episodes

Goodpods has curated a list of the 10 best In the City episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to In the City for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite In the City episode by adding your comments to the episode page.

On this episode of In the City, we analyze how a badly-needed UK offering by a Singapore-based fast-fashion retailer might not happen. Bloomberg Opinion columnist Andrea Felsted, who covers consumer goods and the retail industry, and reporter Ailbhe Rhea join.

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On the sidelines of the conference, Dave Merritt sat down with Thierry Mallaret. Thierry is an economist who has worked as an adviser for major investment banks and governments. He also founded and headed the Global Risk Network at WEF and for a number of years in succession, he conceived and put in place the program for the annual Davos meeting.
He'a also the author of Deaths at Davos, and now Deaths at Davos 2.0, dark satires of what's really going in within the WEF. They discuss how the drama of those novels are grounded in the reality of what happens at the annual conference, and why the World Economic Forum's focus has had to change to stay relevant.

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In the City - Why Credit Suisse Was a Magnet for Scandals
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01/02/25 • 22 min

In 2023, Credit Suisse collapsed, shaking the foundations of the global banking establishment. But for onlookers who were aware of the lender’s numerous afflictions, it’s sudden demise was no surprise at all. From one perspective, the bank’s succession of scandals arguably started as early as its founding some 167 years ago.
One of those observers who saw it coming was Bloomberg editor Duncan Mavin, author of Meltdown: Greed, Scandal, and the Collapse of Credit Suisse. Mavin has covered banking malfeasance for more than a decade, which in Europe necessarily involved Credit Suisse on an almost regular basis. In this episode of In The City, Mavin sits down with hosts Francine Lacqua and David Merritt to discuss his book and some of the lesser-known crises at the Swiss bank that led to its downfall.

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The UK government’s plan to scrap the “non-dom” tax status—a policy that allowed wealthy foreign residents to avoid taxes on overseas income—was designed to close a loophole and raise billions of pounds in tax revenue. However, according to a new study from the Centre for Economics and Business Research, it might end up costing the economy more than it brings in if just one in four of the 74,000 people affected chooses to leave the country.
In this week’s episode of In the City, hosts Allegra Stratton and Francine Lacqua sit down with Nimesh Shah, chief executive of Blick Rothenberg, to unpack what’s at stake.

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With the UK government’s spending review fast approaching, all eyes are on Westminster. In a matter of days, the public will gain a clearer sense of how funding is set to be allocated across departments over the next three years. There’s growing speculation that Chancellor of the Exchequer Rachel Reeves will make a significant push on infrastructure—a signal, perhaps, of shifting priorities.

In this week’s episode of In the City, hosts Allegra Stratton and Francine Lacqua sit down with Sam Richards, chief executive of the think tank Britain Remade to unpack the upcoming review and step back to look at the bigger picture: Could this mark a real turning point?

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In the City - How to Lose $100 Billion in a Week
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02/16/23 • 23 min

This week’s In the City focuses on a story that’s transfixed the global finance community for weeks: the Adani-Hindenburg clash. Bloomberg Opinion columnist Shuli Ren and Executive Editor Sree Vidya Bhaktavatsalam join hosts David Merritt and Francine Lacqua for a comprehensive discussion of the fraud allegations and the fallout. Aside from the obvious impact—Adani’s businesses lost $108 billion in a week—the crisis has shaken investor faith in India. Ren says that it’s acting as a “wake-up call for global investment banks and blue-chip credit funds.”

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The Labour leader Sir Keir Starmer and his chancellor Rachel Reeves arrived in Davos on Wednesday as they step up their business-charm offensive. As senior reporter Phil Aldrick puts it on this week’s In the City, they are there to build up their profile. While an appearance from Prime Minister Rishi Sunak might have been seen as “one billionaire speaking to other billionaires,” in the case of Starmer, who reportedly was invited by World Economic Forum Chairman Klaus Schwab himself, it’s an opportunity to present the Labour Party as the UK’s future.
Aldrick joins hosts Francine Lacqua and David Merritt to discuss what attendees of this year's Davos conference are saying about the UK. They also discuss the major agenda items — the war in Ukraine and the Inflation Reduction Act in the US — as well as what the conversations in Davos mean for the City, and whether Manchester United’s decision to take over one of the shopfronts on the promenade is an attempt to expand its fan base or its roster of potential investors. Meanwhile, there's something else worth talking about: Is the Davos forum's influence a thing of the past?

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In the City - Ready, Jetset ... Can't Go
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07/21/22 • 23 min

The end of lockdown restrictions had the UK travel industry breathing a sigh of relief. But even after being given the green light, hopeful travelers were left grounded at airports across the country. And that smell? Not freshly cooked paella... but the pile of uncollected luggage festering at Heathrow's Terminal 2. With cancellations, delays, lost baggage and strikes likely to last all summer, David and Francine explore how Britain's unique brand of travel chaos is affecting the business person's attitude toward travel. Has the ease and reliability of remote working rendered work trips obsolete?

The hosts divide and conquer this episode, as Francine's been whisked away for a business trip to Rome, and had her own helping of disruption. She speaks to Paul Charles, chief executive officer of The PC agency and former director of communications of Virgin Atlantic, to find out what's behind all this turmoil. Plus, Martin Ferguson, vice president of communications and public affairs at American Express Global Business Travel, tells David why he thinks business travel is here to stay and what the next leader of the Conservative party needs to do to end the turbulence.

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A decline in growth in China may take some heat out of the global economy, helping bring down inflation. But a full stop would trigger deep recessions. Bloomberg Economics Chief Economist Tom Orlik joins this week for a conversation on what China's slowdown means for the rest of the world, and in particular the UK.

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In the City - Brad Stone's Key Takeaways from Davos
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01/24/25 • 17 min

The global elite gathered in Davos this week but the conversation centered on Trump back in DC. Businessweek Editor Brad Stone joins Francine Lacqua and Dave Merritt on the sidelines of the World Economic Forum to make sense of the Stargate announcement, the Elon Musk-Sam Altman spat and when the alliance between Big Tech and Trump could sour. They also discuss pessimism about Europe and why everyone at Davos is talking about Chinese AI start-up DeepSeek.

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FAQ

How many episodes does In the City have?

In the City currently has 208 episodes available.

What topics does In the City cover?

The podcast is about Podcasts and Business.

What is the most popular episode on In the City?

The episode title 'How Deep Was the Jeffrey Epstein-Jes Staley Friendship?' is the most popular.

What is the average episode length on In the City?

The average episode length on In the City is 23 minutes.

How often are episodes of In the City released?

Episodes of In the City are typically released every 6 days, 12 hours.

When was the first episode of In the City?

The first episode of In the City was released on May 11, 2022.

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