7 May 2009
City of London Corporation response to report on the UK’s
competitiveness as a global financial centre
Stuart Fraser, Chairman of Policy of the City of London
Corporation commented on the report by Alistair Darling
and Win Bischoff:
“Today’s report is a valuable contribution to the ongoing debate
about how to rebuild the City for the UK’s prosperity.
I particularly welcome the report’s long term perspective – it is
important to focus on the UK’s enduring strengths in financial
services as we prepare for the recovery.”
“I welcome the report’s vision of a permanent, practitioner-led,
politically neutral, strategic and cross-sectoral single body to
promote the UK’s financial services industry in the UK and
internationally.
The City of London Corporation is working with partners to
establish a strong single voice for the UK’s financial services
industry. This forum is being shaped by a Steering Group chaired by
Stuart Popham (Senior Partner, Clifford Chance LLP) and will be
launched later this year. I look forward to working closely with HM
Treasury, UKTI, industry trade bodies and practitioners across the
industry on this venture.”
Ends
Notes for editors
- Stuart Fraser is Chairman of the Policy and Resources Committee
of the City of London Corporation. Read his
biography
-
Download a photo
- About the City of London Corporation: The City of London
Corporation provides local government services for the Square Mile,
the financial and commercial heart of Britain. The Corporation
works nationally and internationally to maintain and enhance the
City as a world-leading international financial and business
centre. It also serves London and the UK with special
responsibilities such as the Barbican Arts Centre, the Central
Criminal Court at the Old Bailey, 10,000 acres of open space
including Hampstead Heath and Epping Forest, three wholesale food
markets, three inner-London City Academies, the City Bridge Trust,
economic regeneration programmes in neighbouring boroughs and
acting as London’s Port Health Authority.
- Press enquiries:
Laura Citron in the City of London press office:
T: 020 7332 1835
M: 07784 295 736
E :
laura.citron@cityoflondon.gov.uk