In his first month in office, Lord Mayor of the City of London, Nick Anstee, is set to meet representatives from Manchester’s financial and professional market to discuss the development of sector opportunities in the future.
On 4th December a select party of 25 professionals from Manchester, together with guests from London, will have an exclusive lunch with the Lord Mayor as part of a high profile delegation organised by inward investment agency, MIDAS, and financial and professional organisation, pro.manchester.
The first city to meet with the Lord Mayor in his term of office, Manchester is recognised both nationally and internationally as the UK’s largest financial and professional services centre outside of London. It is also establishing its reputation as the European capital for lower to mid-market private equity.
The delegation will include senior Manchester Business School alumni and senior representatives from BNY Mellon, Daniel Stewart, Lockton, Anglo Irish Bank, Deloitte and Baker Tilly who will all be part of the high level discussion about how London and Manchester can work together for the benefit of the sector.
Commenting on the event, Lord Mayor of the City of London, Nick Anstee said: “I am delighted to welcome representatives from Manchester’s financial and professional industry to the City of London. It is the first UK city I have met with to discuss the coming year and I am glad it’s Manchester – one of the City’s key partners. Manchester is a vital part of the offering of the UK financial services sector, employing nearly a quarter of a million people across the range of banking, insurance (the largest outside London) law, accounting and other services.
“I hope that during these discussions we can examine further the ways in which I can assist to promote Manchester’s offering on the world stage and that we can work together to restore trust between society and the financial services industry.”
Colin Sinclair, chief executive of MIDAS, said: “We are of course delighted to be first on the agenda for the Lord Mayor of London’s UK city visits. We believe that the UK financial services sector can leverage the relationship between our two cities to help strengthen its financial markets as we move into more economically stable times.
“Manchester’s internal and external connectivity makes it one of Europe’s most accessible cities for both business and leisure internationally and has a diverse workforce offering substantial language skills capable of attracting globally significant relocations with huge benefits for both of our cities.”
John Ashcroft, chief executive of pro.manchester, added: “With a financial and professional community of more than 235,000 in the city region, Manchester is a major player both nationally and globally. We have the largest cluster of private equity companies outside London.”
“It is vital we continue to work closely with the Lord Mayor of the City of London to restore faith in the sector and work in partnership for the benefit of the economy.”