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Tomorrow’s City Launch

19th November 2013 @ 8:00 am - 5:00 pm

Fiona Woolf CBE, Alderman of the City of London will be introducing the programme of activities and events and will then be joined by City business leaders Eileen Taylor, CEO of DB UK Ltd, Deutsche Bank, Leo Johnson, co-author of “Turnaround Challenge: Business and the City of the Future” and Partner at PwC and Dick Tyler, Senior Partner at CMS Cameron McKenna LLP. Each of the speakers will be exploring in greater depth particular aspects of the agenda set out by Fiona.

Tomorrow’s City argues that the City of London has two great resources in abundance – people and capital. Over generations, it has brought together the international talent and resources needed to create the financial services that will facilitate investment and diversity and consequently fuel growth and prosperity, not only in the UK but also globally.

The world is an economy of cities and London is, and must continue to be, a City of cities. The last decade has been marked by a deep financial crisis, growth of sovereign debt, increasing globalisation and the continuing emergence of Asian, African and South American economies. London faces new challenges but also huge opportunities as we enter a new era that is much more focused on optimising the purpose of business – people, planet, and profit.  We must ensure that the City continues to meet the evolving business and investment needs of its broad client base, but also of society, the environment and a rapidly changing global economy.

The City remains the transaction venue of choice. We are now challenging old assumptions, enhancing business standards and innovating ways to do business. The City is the venue of choice for savings and investment, trading, managing business risks, structuring and closing deals. There are great opportunities to do this in a way that creates long-term value and, therefore, jobs and enduring success.

London is in a uniquely advantaged position during this period of uncertainty and change. It possesses a breadth and depth of financial providers, and it brings together legal, financial, IT and other services with global experience of the most challenging and complex deals. The City prides itself on vigorous debate and the co-creation of effective solutions. It is now time to come together to explore how to remain relevant, meet the new challenges that society faces and leverage new opportunities.

The City knows that business as usual will not guarantee future success.

We need to question what will drive future value creation by also considering what will build trust, robustness and resilience in the face of current global volatility.

Our over-arching theme is long-term value creation, building on the excellent initiatives already happening in the City. We will explore what the impediments are to long-term value creation and how the City is best able to assist its clients to optimise financial, economic, societal and environmental outcomes.

Leo will be talking about the future of cities and what that means for London as the City of Cities. The majority of the world’s population live in cities and they will be critical in how we will work and live in the future, while meeting the challenges of people, planet and profit. Eileen will lay out how we can harness all the best talent to ensure the future success of the City and build trust and confidence in it. Dick will be highlighting the benefits of promoting social mobility and enabling people of different backgrounds to contribute to and benefit from the City’s prosperity.

Tomorrow’s City will be working in partnership with ‘The City’s Giving‘, a programme run by The Lord Mayor’s Appeal charity that will explore how giving (in all its forms) can be made more efficient and effective.


19th November 2013
8:00 am - 5:00 pm