Amid global turmoil, London’s stability gives it the opportunity to become a neutral financial hub, writes Lord Mayor of London Alastair King

Like many others, I have been spending the weekend in quiet contemplation, and the only certainty I have come to is that uncertainty is now the new normal.

The rapidly changing global landscape brings challenges for the UK – not least in the form of a 10 per cent tariff on UK goods exported to the US. But it also brings opportunities, too.

Global turmoil could be an opportunity for London

There have been positive noises from Washington about a potential trade deal between the UK and the US. However, while those negotiations continue, to echo comments by Standard Chartered chairman José Viñals, the City could emerge as a winner from the rapidly evolving geopolitical landscape if it becomes a “neutral” financial hub.

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