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Podcast: Beyond Currency
Episode: 28 October 2022 - Sunak inspires confidence in City of London bankers
Description: The UK has its first Prime Minister of South Asian descent and its first Hindu Prime Minister. But perhaps most critically for the economy, it has a Prime Minister with a background in investment banking.
His experience means he can speak to City of London bankers in a language they understand and hopefully promote confidence in his policies.
The contrast with the previous Prime Minister and Chancellor of the Exchequer could not be starker. The performance of Sterling this week was an obvious sign that Sunak had restored the City’s confidence.
Another think tank that has lost credibility during th...