City of London’s Lord Mayor arrives in the U.S., with goal of turning his city into the world’s financial technology capital
Vincent Keaveny, the Lord Mayor of the City of London, arrived in the San Francisco Bay area to meet with potential investors this week, driven by one overarching goal: to turn his city into the global leader of financial technology.
The effort comes at a time when the U.K. capital is heading into its third year outside of the European Union, after having left the trading bloc in January 2020, and is just bouncing back from the omicron wave of the COVID-19 pandemic which decimated small businesses in London’s central business district and cast a dour short-term outlook on its retail sector.
“Technology is really what’s driving change these days,” he said. “If London stays ahead on the innovation, on the technology development, London will be absolutely fine.”
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