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Brandon Daniels is the CEO at Exiger. In this episode, he joins host Charlie Osborne and David Merritt, Director of Defensive Analytics as Kenvue, to discuss cybersecurity in mainstream media and the value of prioritization, highlighted by Netflix's "Zero Day" series. Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. To learn more about our sponsor, visit https://exiger.com.
-Bradden, Nebraska's D-line coach, said his connection to Nebraska started through David Merritt—the father of Dawson Merritt-Williams is fond of Nebraska's secondary speed and a few players in general…what was Sip's takeaway?Show sponsored by MIDWEST BANKOur Sponsors:* Check out Hims: https://hims.com/EARLYBREAKAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
March 3, 2025 ~ David Merritt, Co-Founder and Board Chair at Give Merit joins Terry Rhadigan live at the DEC luncheon.
Getting fast, comprehensive and accurate information is crucial during emergencies like the devastating wildfires still raging in the Los Angeles area. And over the last two terrifying weeks, one app has become the place to find it: Watch Duty. Operated by a nonprofit, the app was launched in 2021 to track wildfires in Northern California and now provides coverage for more than 20 states. Marketplace’s Meghan McCarty Carino spoke with David Merritt, Watch Duty’s chief technology officer, about how it all came together.
Getting fast, comprehensive and accurate information is crucial during emergencies like the devastating wildfires still raging in the Los Angeles area. And over the last two terrifying weeks, one app has become the place to find it: Watch Duty. Operated by a nonprofit, the app was launched in 2021 to track wildfires in Northern California and now provides coverage for more than 20 states. Marketplace’s Meghan McCarty Carino spoke with David Merritt, Watch Duty’s chief technology officer, about how it all came together.
David Merritt is a writer, director, and producer from Durham, North Carolina and now lives in Tarzana, California. He is a passionate storyteller who delves into multiple mediums. His writing accomplishments span the spectrum from awkward comedy to compelling drama. At the beginning of his film career, David wrote and directed the dramatic short, The Rain Dance, which depicts the horror of domestic violence. As quoted by New York film critic Godfrey Cheshire “Rain Dance…is harrowing and believable yet also poetic and non sensational…mounted with considerable technical polish and visual sophistication.” David also served as a writer and director for WWE RAW on the USA Network and Smack Down on the CW network. He directed action sequences and impromptu monologues, and he served as a writer and story editor on the video game Smack Down vs. Raw 2007. In 2008, David started his production company, King David Films. In 2009, his horror script, Hangman, placed in the finals of the Screamfest LA screenwriting competition. In 2010, Hangman placed in the 2nd round of the Page Awards.Recently, David has written/ directed and produced the thriller 5697 Pounds, starring Lamonica Garrett of 1883 and Rey Gallegos of DMZ. Currently, David is a Story Editor on NBC's The Blacklist. Inspired at an early age by Star Wars and other mind-blowing films that changed the entertainment landscape, David Merritt II is a lifelong painter and sculptor turned emerging writer and director, winning the UCP Pitchfest and becoming a finalist in the ABC and CBS Directing programs before getting staffed. Raised in North Carolina by a social worker and a cop, it is no surprise that his work spans the spectrum of the human experience and leaves an indelible impression through the many facets of his artistry. When he is not busy creating, he is mastering his skills in the martial art form of Kung Fu San Soo. https://x.com/KingDavidFilms https://www.instagram.com/kingdavidfilms Connect with your host Kaia all Alexander: https://entertainmentbusinessleague.com/ https://twitter.com/thisiskaia Produced by Stuart W. Volkow P.G.A. Get career training and a free ebook “How to Pitch Anything in 1 Min.” at www.EntertainmentBusinessLeague.com Learn more about your ad choices. Visit megaphone.fm/adchoices
David Merritt speaks with senior editor Tom Metcalf and Bloomberg Opinion columnist Paul J. Davies about the consequences of changing the financial crisis-era policy.See omnystudio.com/listener for privacy information.
The Bank of England has found itself caught in the middle of a global divide over who will cut interest rates first—and when. Senior UK economy reporter Phil Aldrick joins David Merritt, Francine Lacqua and Allegra Stratton on this week's In the City to explain the two schools of thought, and their implications.See omnystudio.com/listener for privacy information.
The deadly April 1 airstrike on Iran's consulate in Syria and Iran's retaliation against Israel with a drone and missile attack changed the “rules of engagement” right before our eyes, according to geopolitical strategist Tina Fordham. “This is the most significant uptick in Middle East risk for 20 years.”Fordham is the founder of Fordham Global Foresight, an independent consultancy dedicated to advising boards and C-suite executives on geopolitical, socio-economic and financial risks. She joins David Merritt and Francine Lacqua on this week's In the City to discuss the Israel-Hamas war, the resulting carnage in Gaza and how long-standing tensions between Israel and Iran are coming to a head. She also addresses what happens next and what it means for stability in the region as well as global markets. See omnystudio.com/listener for privacy information.
We will all go to trouble to get a good meal, but some animals take it to the extreme.Some build architectural masterpieces to entrap their prey, or use body parts as lures.But what is your cat doing when it makes the 'ek ek ek ek?' Is it trying to bewitch the birds? Featuring:Professor Kris Helgen, Australian Museum.Julia Henning, PhD candidate, University of Adelaide.Associate Professor Inon Scharf, Tel Aviv University.Dr David Merritt, Entomologist.Associate Professor Ajay Narendra, Macquarie University.Extra audio: Cat Ek ek ek by @thiscatisdumpling.Ann Jones, Presenter/Producer.Petria Ladgrove, Producer.Belinda Smith, Producer. Additional mastering: Hamish Camilleri.This episode of What the Duck?! was produced on the land of the Wadawarrung and Kaurna people.
All the buzz from the 2024 NFL Draft Scouting Combine, including defensive player weigh-ins and workouts, San Francisco 49ers defensive coordinator candidate David Merritt talks smack about Kyle Shanahan and Brandon Aiyuk before interview, and MORE. San Francisco 49ers fans are treated to daily news and analysis with Locked On 49ers, hosted by football analyst Brian Peacock and former NFL/AFL cornerback Eric Crocker. Follow & Subscribe on all Podcast platforms…
Kansas City Chiefs defensive backs coach David Merritt is the fourth name on the list of interviewees for San Francisco 49ers defensive coordinator. Did John Lynch drop any hints about Brandon Aiyuk's future with the 49ers? More buzz from the Combine in Indianapolis. San Francisco 49ers fans are treated to daily news and analysis with Locked On 49ers, hosted by football analyst Brian Peacock and former NFL/AFL cornerback Eric Crocker. Follow & Subscribe on all Podcast platforms…
Miles Celic, chief executive of TheCityUK, the trade body which represents financial and professional services in Britain, joins Francine Lacqua and David Merritt on In the City this week. They discuss what the business sector wants to see in the budget next month, what it expects from a Labour government and why holding regulators accountable can be more important than which party is in power. See omnystudio.com/listener for privacy information.
Misinformation and disinformation generated by artificial intelligence was near the top of the World Economic Forum's report on global threats this year. But it's not just AI that's the culprit — it's also “politicians willing to exploit, distribution patterns over social networks, the capacities of media organizations to verify." Azeem Azhar, creator of the Exponential View, a platform dedicated to in-depth technology analysis and Saadia Zahidi, managing director at the WEF, join hosts Francine Lacqua and David Merritt in Davos to discuss the risk that AI poses to the global order--and why its impact is in our hands. See omnystudio.com/listener for privacy information.
When former Unilever Chief Executive Officer Paul Polman was approached by Kraft Heinz with an offer many would find too good to refuse—a $143 billion takeover bid with a personal payout of $110 million—he says he turned it down. “They think everything is for sale,” he says. “Morals are not for sale.”Polman, 67, who worked for Procter Gamble and Nestle before Unilever, joins David Merritt and Francine Lacqua on this week's In the City to share lessons he learned while CEO, and why he says running a company is more than maximizing shareholder returns. “If you would listen to all the shareholders and do what they were asking you to do, your company would be bankrupt before you knew it.”See omnystudio.com/listener for privacy information.
Rishi Sunak's government is running out of time to win back voters. Bloomberg City editor Katherine Griffiths joins In the City hosts David Merritt, Francine Lacqua and Allegra Stratton to unpack Chancellor Jeremy Hunt's pledges in this week's budget. See omnystudio.com/listener for privacy information.
Rishi Sunak has named former Prime Minister David Cameron as foreign secretary, a shock move after firing Home Secretary Suella Braverman. Bloomberg's David Merritt and Alex Wickham join us to discuss the reshuffle, which also saw James Cleverly become Home Secretary. Plus: Hanover Communications guru and former Conservative Party press officer Gavin Megaw on how Rishi Sunak will need to sell his changes to backbench MPs and the electorate. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
Last week in crypto, we saw Bitcoin rise to $35k, and that trend continued with another year-to-date all-time-high this week, at the time of recording bitcoin is trading at over $36,000, passing the $36k mark. Along with other altcoins, Toncoin saw a price rise as well - to it's highest point in nearly a year. Right now, Toncoin is trading at $2.63, up over 20% from its price 30 days ago. It's suggested that this spike can be attributed to Pavel Durov, the founder of Telegram who announced last week they would give away 10,000 premium subscriptions for the Telegram App. Durov specified in his announcement that he procured the premium accounts with TON tokens, totalling around $200k. Attendees at ApeFest, a convention based on the Bored Ape Yacht Club NFT, returned for the event in Hong Kong this week. However, some attendees reported extreme eye pain after attending, with a small handful hospitalized. Yuga Labs, the digital assets company behind the event, shared a post on X, addressing the concerns and concluding this was likely the result of UVA emitting lights that were used at the event. London's City Minister, Andrew Griffith, is championing the role of crypto in London's financial portfolio. In a recent conversation with David Merritt, Griffith shared he perceives London as a potential hub for emerging domains such as cryptocurrency and AI, capitalizing on London's reputation for quality and trust. Griffith stated: “I think it builds naturally on our strengths in terms of things like tech and payments”.
Andrew Griffith explains on this week's In the City that the British capital can act as an “honest broker” on digital currencies and artificial intelligence. Griffith joins David Merritt for a conversation in New York City, where he was meeting with investors and talking to firms about how London can factor into their futures.See omnystudio.com/listener for privacy information.
Idiosyncrasies abound in this country's state-by-state approach to booze regulation, and South Carolina is home to plenty of 'em. Which is why, in 2005, Jaime Tenny — who would go on to open North Charleston's COAST Brewing Company with her husband, David Merritt — took a cue from craft brewing colleagues in North Carolina and started Pop the Cap SC, a grassroots organization bent on increasing the state's then-limit on beers' alcohol by volume. This is a wonky one, Taplines listener, a tale of scrappy outsiders making noise in the the provincial halls of power in the Deep South, all in the name of bigger, better, beer. Don't forget to like, review, and subscribe! Hosted on Acast. See acast.com/privacy for more information.
On this week's In the City, we look at Crown Prince Mohammed bin Salman's vision of regional prosperity, and whether it can survive the Israel-Hamas war. Saudi bureau chief Matthew Martin joins Francine Lacqua at the Future Investment Initiative in Riyadh, with Allegra Stratton and David Merritt joining from London. See omnystudio.com/listener for privacy information.
It's been a year since the 'mini-budget' under Liz Truss and Kwasi Kwarteng, which led to a crisis in bond markets and the demise of her premiership. We speak to Mark Littlewood of the Institute of Economic Affairs, one of the people who helped inspire Trussonomics, and get analysis from Bloomberg's David Merritt and Marcus Ashworth. Plus: Bloomberg's interview with the Chancellor Jeremy Hunt on inviting China to the government's AI summit. Also in the show, our senior reporter Alex Wickham briefs us on what this week's green policy move tells us about the Conservative election strategy. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
Karen Ward, EMEA chief market strategist at JP Morgan Asset Management and a key adviser to Chancellor of the Exchequer Jeremy Hunt, joins hosts Francine Lacqua and David Merritt to unpack key points by central bankers who attended the Jackson Hole Economic Symposium, and what it all means for the BOE and the UK. For the latter, the answer is recession.See omnystudio.com/listener for privacy information.
On today's episode, we have David Merritt, a modern renaissance man. He graduated from the University of Michigan after leading his team as captain to the NCAA championships during the 2008-2009 season. He is the co-founder and board member of the Give Merit non-profit that is over the FATE program. The goal of this non-profit is to invest in the youth to see them excel in their schools and bring the dream of college into reality. In addition, he is a part-owner of the Narrow Way Cafe in Detroit. When he is not managing businesses or attending board meetings for his non-profit, David is serving as an associate pastor with the Straight Gate International Church and being a father and husband to his beautiful family. DDP welcomes the accomplished David Merritt!
When Julian Metcalfe helped launch the sandwich and coffee-chain Pret A Manger in 1986, interest rates were in the double digits and staffing was difficult, in part because full freedom of movement within the European Union was still a few years away. These days, the UK is out of the EU, the interest rate is 5%—though the Bank of England is expected to raise it. “Everyone's complaining about 5% and it's the end of the world,” Metcalfe says. “Back then I remember we paid 14%.”In this week's In the City, Metcalfe tells hosts David Merritt and Francine Lacqua that the restaurant business is “incredibly difficult,” but that when you're determined, you can make it happen. He says his current mission is to make Itsu, a fast-food chain he founded in 1997, a destination for speedy, healthy meals at low prices. See omnystudio.com/listener for privacy information.
NatWest Chief Executive Officer Alison Rose is stepping down after a fight over the way the bank closed accounts held by politician-turned-pundit Nigel Farage. Pressure for her to quit had been rising. Both UK Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt indicated her position was untenable after she admitted talking to a BBC journalist about the account closures. In this week's episode of In the City, host David Merritt discusses the mistakes made by NatWest and Farage's call for more resignations at the bank. Joining Merritt are reporters Harry Wilson and Joe Mayes as well as Bloomberg Opinion columnist Paul Davies.See omnystudio.com/listener for privacy information.
The job of chief executive is more demanding than it's ever been. So says Simon Freakley, CEO of international business advisory firm AlixPartners. While they still have to handle the core responsibilities—revenue growth, earnings growth and dividends to shareholders—he says there are more duties now than was the case just a few decades ago. “They need to have a voice about the values of the organization, the purpose of the organization and to comment on important issues of the day,” he says. Freakley joins this week's In the City with David Merritt and Francine Lacqua to discuss the challenges facing top executives, including managing the ongoing, profound shifts around technology, environmental pressures and supply chains.See omnystudio.com/listener for privacy information.
With In the City hosts David Merritt and Francine Lacqua in Doha for the annual Qatar Economic Forum, this week's podcast focuses on the growing influence of the Middle East—and whether it will come at the expense of Western financial hubs. Bloomberg reporter Dinesh Nair joins. He says the Middle East is currently the only region that can “call the shots on big transactions.”See omnystudio.com/listener for privacy information.
Guy Hands is, perhaps unsurprisingly, bearish on the UK. The famous financier and chairman of private equity firm Terra Firma says Britain is in a “sort of geriatric decline,” with its post-Brexit business outlook and investment case getting worse every day. Hands tells David Merritt and Francine Lacqua on this week's episode of In the City that if the UK maintains its weakened relationship with the European Union, it's destined to be poorer on a relative basis than the bloc. Hands, who backed the Remain side in 2016, recently said he'd stop making donations to the Conservatives after the government rejected the possibility of a closer trade deal with the EU. Now he supports Labour because they seem “marginally better.” See omnystudio.com/listener for privacy information.
British entrepreneur Nick Candy is best known for working alongside his brother Christian to create One Hyde Park, a residential development in London's exclusive Knightsbridge district and home to some of the world's richest people. When sales opened in 2007, the building was smashing world per-square-foot price records. In this week's episode of In the City, Candy tells David Merritt and Francine Lacqua that his next project in Dubai will beat those records. See omnystudio.com/listener for privacy information.
Most of the recent headlines out of Paris focus on strikes and protests. But underneath the heaps of rubbish that were piled up on the city's streets (and possibly again soon), is an increasingly important hub for global finance. In recent months, we've seen big banks like Goldman Sachs, Bank of America, Deutsche Bank and Citigroup expand their presence in the French capital, ushering in a new reality for the landscape of European banking. Francine Lacqua and David Merritt discuss Paris's growing appeal with reporter Alexandre Rajbhandari and editor Tom Metcalf, and unpack the challenges facing President Emmanuel Macron's pro-business agenda with Paris Bureau Chief Alan Katz. See omnystudio.com/listener for privacy information.
The outlook for the UK has improved in recent months, with a technical recession now looking like it will be avoided, according to Bloomberg Economics. In fact, the team sees GDP growth in 2023 of 0.1%, up from -0.4%. Jim Mellon, chairman of Burnbrae, is predicting an even brighter picture. In this week's In the City, he tells hosts David Merritt and Francine Lacqua to look out for 1 to 2% growth this year, thanks to a more stable government, an influx of migrants and gas prices falling sharply.See omnystudio.com/listener for privacy information.
“Silicon Valley Bank was a darling of the industry. So clearly it was a very dramatic weekend.”Bloomberg Wall Street reporter Sonali Basak's observation leads off this bonus episode of In the City, where she joins fellow reporter Mark Bergen and hosts David Merritt and Francine Lacqua to unpack the shocking collapse of SVB, the biggest failure of a US bank since 2008, and what happens now.See omnystudio.com/listener for privacy information.
London is going through a difficult time, according to Stanhope Capital founder and Chief Executive Officer Daniel Pinto. Why? Its investment appeal is dwindling—a fact made clear by a range of companies choosing to list elsewhere. The trend has been developing for some time, and bodes ill for already-flagging UK initial public offerings, says Pinto. While noting that London remains a leading financial center, he warns it has lost its competitive edge.In this week's episode of In the City, Pinto tells hosts David Merritt and Francine Lacqua why he thinks London has been losing out. Brexit wasn't helpful he concedes, but that's not the only reason. The key factor is that the pool of money available for investment in British public markets has shrunk. That can be fixed with changes to regulations and pension fund reform, he says.See omnystudio.com/listener for privacy information.
The Manchester United bidding war has focused a lot of attention on the eye-watering prices attached to certain football clubs. A member of the Qatari royal family and Britain's richest man submitted offers for the English football giant. The Qataris' opening offer—roughly £5 billion ($6 billion)—might break records. But still, it may not be enough. This week news broke that the current owners, the Glazer family, think the latest offers could be too low. In this week's episode of In the City, reporter David Hellier joins hosts David Merritt and Francine Lacqua for a conversation about the competition to own Manchester United. He says don't be surprised if more bids surface, and reflects on why the race to own the team feels different from last year's competition to own Chelsea. We're also joined by Dan Jones, a sports business adviser and former Global Lead Partner for Sports Business and Head of Sports Business Group at Deloitte, and Christina Philippou, principal lecturer in accounting, economics and finance at the University of Portsmouth. They discuss why buyers are so confident in their investments, whether prices will keep growing and where Wall Street banks fit in.See omnystudio.com/listener for privacy information.
When Man Group Chief Executive Officer Luke Ellis started his career in the City almost 40 years ago, the square mile “had many of the worst aspects of the UK,” he says. It was just “a posh part of UK society that looked down on anything other than posh White men.” But in 2023, things are different. Although he cautions more progress needs to be made, especially at the senior levels, Ellis says “the City is now at least as good as the national average and probably better” when it comes to race and gender equality. In this week's In the City, the leader of the world's largest publicly listed hedge fund joins hosts David Merritt and Francine Lacqua in a conversation about the importance of diversity in the City, and how far the UK financial industry has come in terms of recruiting from a bigger pool of talented people. One of the areas Ellis says needs more attention is “social mobility,” which he calls “the last bastion of open prejudice.”See omnystudio.com/listener for privacy information.
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.” See omnystudio.com/listener for privacy information.
The UK retail industry is having a difficult time of it. And when it comes to some high street brands, that's an understatement. Similar to the US and Europe, retailers across Britain are dealing with soaring borrowing costs, shrinking savings accounts and a cost-of-living crisis that's limiting consumer spending. This means more retailers may soon be on the brink of insolvency.In this week's episode of In the City, hosts David Merritt and Francine Lacqua are joined by reporters Katie Linsell and Giulia Morpurgo, who discuss big names that have already gone bust—like Matalan and Paperchase—and others that may be at risk. Plus, reporter Leigh-Ann Gerrans gives a tour of the retail scene around the City. Get The Brink newsletter, chronicling corporate distress and turnaround stories. Sign up now: https://www.bloomberg.com/account/newsletters/the-brink See omnystudio.com/listener for privacy information.
Antony Jenkins is building technology he wanted when he ran Barclays. The former chief executive served at the big bank for three very turbulent years, spending a lot of time wondering why there wasn't a better way to automate its operations. When he left, he decided to find a way to do just that for everyone else. On this week's In the City, Jenkins joins hosts Francine Lacqua and David Merritt to share his story of starting 10x Banking Technology, a key player in London's growing fintech scene. He launched the company in 2016 with £1 million of his own money. The company's name reflects its mission, he said: develop new technology that can make banking 10 times better than what it is. It was most recently valued at about £600 million.See omnystudio.com/listener for privacy information.
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?See omnystudio.com/listener for privacy information.
This year is off to a sobering start as bankers keep tabs on who is losing their job. Goldman Sachs is terminating about 3,200 people, one of its biggest rounds of cuts ever. This week on In the City, hosts David Merritt and Francine Lacqua explore the question of whether this is just the beginning of a broader retrenchment across the financial industry. They're joined by Bloomberg Opinion columnist Paul J. Davies, who covers banking and finance, and senior editor Tom Metcalf. See omnystudio.com/listener for privacy information.
Things will get worse before they get better, according to Kevin Ellis, chair and senior partner at PwC UK. He says a UK recession is definitely coming and that some businesses will go under. But he also says that investment may rescue the "good bits of business early enough." Ellis tells David Merritt and Francine Lacqua on this week's episode of In the City that he sees signs the UK economy will come out of a downturn "quite quickly." They also discuss the merits of being in the office at least 3 days a week and why a lot of talent is looking to work outside of London. See omnystudio.com/listener for privacy information.
In a conversation earlier this month, senior reporter John Stepek made a prediction: House prices in the UK will continue to fall—and fall. On this week's episode of In the City, he joins David Merritt to give his reasoning. Stepek explains that rising interest rates and stubbornly high inflation are combining to push home prices ever downward. But that's not the worst of it. When it comes to the most critical factor underlying the health of the UK economy, there's a bigger threat than falling house prices, said senior reporter Philip Aldrick. It's unemployment. The reporters also discuss their expectations for consumer spending, real wages, and the Tory government's chance of dodging a general election in 2023. See omnystudio.com/listener for privacy information.
Brexit was never going to be easy -- we just haven't really tried yet. That's the view of prominent UK economist Gerard Lyons, who tells Francine Lacqua and David Merritt that he remains bullish on Brexit in the long run. Lyons is chief economic strategist at Netwealth and a former adviser to House of Commons leader Penny Mordaunt. On this episode of In the City, he argues the City is still “pretty-well placed” after Brexit. Political crises since 2016, however, have prevented opportunities from being seized, he says. Plus, senior reporter Harry Wilson explains whether the investment insights of a newsletter promoted by Nigel Farage could pay off. The answer? Not so much. See omnystudio.com/listener for privacy information.
Brexit has consequences. According to the boss of Europe's largest exchange group, one of them is that London is no longer the region's dominant financial center. But that's not the worst of it. Euronext Chief Executive Stephane Boujnah tells David Merritt and Francine Lacqua that restrictions on the movement of people, and how that's changing the fabric of finance both in the City and across Europe, will do more damage.Also on this episode of In the City, editor Tom Metcalf discusses the darkening mood within many banks and what that means for finance jobs and bonuses. He also says City Minister Andrew Griffith's coming announcement regarding the government's package of post-Brexit reforms is likely to be a muted affair. See omnystudio.com/listener for privacy information.
It's the story of the week. London is no longer home to Europe's biggest stock market. That prize has been taken by Paris. This week on the podcast, David Merritt speaks to reporter Joe Easton. He unpacks the numbers and reflects on the causes. We also cross the channel and speak to reporter Albertina Torsoli on how Paris made itself more attractive to foreign investors, and how that heightened interest is changing the Paris landscape. Read the story here. See omnystudio.com/listener for privacy information.
It may feel like a lifetime, but less than three weeks ago the UK had a different prime minister, a different Chancellor of the Exchequer and a brewing conflict between the government and the Bank of England. Former Chancellor Kwasi Kwarteng and BOE Governor Andrew Bailey were at loggerheads as the deadline for the central bank to end a bond-buying program neared. Cue the blame game with Kwarteng saying any fresh turmoil in markets would be “a matter for the governor.” But Bailey didn't budge. And days after that deadline passed, Kwarteng was out of a job and Truss wasn't far behind.In this episode of In the City, senior reporter Phil Aldrick and correspondent Lizzy Burden join David Merritt in a conversation about the tension between the government and the BOE, how Bailey navigated both the market turmoil and pressure from Westminster, and what fresh problems now face the governor. And here's a list of all the things you need to sign up for:For a daily look at the stories that matter in the UK, sign up now for our newsletter, The Readout with Allegra Stratton: https://www.bloomberg.com/account/newsletters/readoutAnd to figure out what all that means for your money--sign up for John Stepek's daily newsletter Money Distilled. https://www.bloomberg.com/account/newsletters/uk-wealth See omnystudio.com/listener for privacy information.
As soon as Liz Truss resigned as prime minister, names of possible successors starting popping up. The reactions to some of those names was not so kind within the Conservative party--think exploding head and green vomit emojis, according to our political reporter Alex Wickham. In this episode of In the City, David Merritt and Francine Lacqua discuss the path to prime minister with Bloomberg reporter Ellen Milligan, and we hear insights from Wickham (like all the WhatsApp gossip), Tory MP Karl McCartney, and former Liberal Democrat leader Vince Cable. Plus, Bloomberg finance editor Katherine Griffiths joins on what the political mess means to the City of London's reputation and whether business leaders feel the worst is over--or yet to come.Here's a list of all the things you need to sign up for. For a daily look at the stories that matter in the UK, sign up now for our newsletter, The Readout with Allegra Stratton: https://www.bloomberg.com/account/newsletters/readoutAnd to figure out what all that means for your money--sign up for John Stepek's daily newsletter Money Distilled:https://www.bloomberg.com/account/newsletters/uk-wealth See omnystudio.com/listener for privacy information.
The UK gilt market is in crisis mode. As Bloomberg managing editor for markets Kristine Aquino puts it in this week's bonus episode of In the City, “monetary policy and fiscal policy are clashing wildly and the bond market is up in arms.” Aquino joins hosts David Merritt and Francine Lacqua to discuss the two times this week that the Bank of England has added to its arsenal of tools aimed at curbing market turbulence. Plus, Loukia Gyftopoulou, Bloomberg asset management reporter, explains the risks facing the UK pension industry and why these unprecedented moves could change the industry permanently.See omnystudio.com/listener for privacy information.
Coast Brewing has been making high-quality beer in the South Carolina Lowcountry for so long, it's easy to take the availability and the quality of its beer for granted. It's sincerely become part of Charleston, just as its former taproom -- really a few taps on the side of a walk-in cooler -- became sort of a community hub for a pint and a chat. That availability, quality, and community has been the driving force for co-owner Jaime Tenney, who along with her husband David Merritt, have just been head down, making beer, selling beer, and helping welcome and anchor a growing beer scene in the state for more than a decade. But as any entrepreneur knows, all that day in, day out hussle to support and build a business carries its own price and then some. After many challenges, Coast is poised on the edge of a new phase, about to open a new taproom and production building later this year. And that's worth raising a pint to.