CityView Dec 2018

8 ber 201

The magazine of the City of London Corporation

Decem

cityview

Sun shines on the show 1 Contribute to a flourishing society 1 Support a thriving economy 1 Shape outstanding environments

2

Issue 86 December 2018

cityview cityview is the magazine of the City of London Corporation – the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK.

Unless otherwise stated in individual features, more information on both the magazine and online articles is available from the address below. We welcome, and value, feedback but regret that correspondence cannot be individually acknowledged.

The magazine is published twice a year and is also available to download from www.cityoflondon.gov.uk/publications If you would like a summary of this publication in an alternative format please contact us at

CityView

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Contents

3

Business Three into one will go

4

Services Taking the long view

6

About the City Sun shines on the show

8

Services Report, report, report

10

Services A breath of fresh air

12

Business Stat attack

14

Things to do It takes two (or more)‌

15

Things to do The changing face of childhood

16

About the City And finally

T 01233 214197 020 7332 3099

F 01233 500400

pro@cityoflondon.gov.uk

col@response-service.co.uk

ibe Subscr

il

by ema

8

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Sun shines on the show 1 Contribute to a flourishing society 1 Support a thriving economy 1 Shape outstanding environments

cityview Business

Three into one may go New premises are currently being sought by the City Corporation that could allow all three of its wholesale food markets – Billingsgate (fish), Smithfield (meat and poultry) and Spitalfields (fruit, vegetables and flowers) – to trade in one area.

Around 100 acres is needed to consolidate the three and relocate them to a single site with related uses such as an apprenticeship school for fishmongers and butchers.

This project follows a strategic review carried out on the future of the markets over the next 25 years and taking into account factors such as transport, environmental issues and competition. It is hoped that a suitable location can be found before the end of 2018.

Consultation on the proposed project is already underway with

traders, their customers and other tenants; the GLA and London boroughs that host the existing sites; and other relevant interested parties.

It has also given its backing to a new court to be built in the Square Mile replacing all the City’s current court services, with the exception of the Old Bailey.

Policy & Resources Chair Catherine McGuinness commented: “This is part of our continued investment in the City and its services. We are committed to the future of our wholesale markets but their current locations are no longer suitable for modern needs.

Billingsgate and Spitalfields have already moved location once so this will be nothing new for them but a single-site operation offers exciting new possibilities for tenants and customers.”

The proposed new combined court would see a new, stateof-the-art, multi-purpose replacement court for the historic civil court, the Mayor’s and City of London County Court and the Magistrates’ Court.

And a new, single wholesale market is not the only significant building development being considered by the City Corporation.

Billingsgate

Located in the Fleet Street area, the court would create space for 18 courtrooms. Its primary focus will be on fraud, economic crime and cyber-crime, but it will also hear other criminal and civil cases, including the work of the City of the London Magistrates’ Court.

Catherine McGuinness said: “Our legal system has been an example to the rest of the world. Playing host to some of the world’s

“ This proposal will make sure London continues to set the highest legal standards domestically and internationally. Our Rule of Law is one of the many reasons why London is the number one financial centre in the world and this new court will add to our many existing strengths.” leading regulators, financial services and tech firms, the City is a natural choice to house this modern judicial centre.

“This proposal will make sure London continues to set the highest legal standards domestically and internationally.

Our Rule of Law is one of the many reasons why London is the number one financial centre in the world and this new court will add to our many existing strengths.

“The City looks forward to working closely with the Ministry of Justice and HM Courts & Tribunals Service in the coming years in getting this ground breaking project off the ground.”1

Spitalfields Smithfield

YOU MIGHT ALSO BE INTERESTED IN

our key members Go to www.cityoflondon.gov.uk

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4

cityview Services

Taking the long view Major plans to tackle air quality, road danger and congestion in the City over the next 25 years have been published by the City Corporation and it wants the views of all the City’s stakeholders to help shape them.

The draft Transport Strategy represents the first time in its almost 1000-year history that the City Corporation has taken such a long-term approach to the issue and the results will also set the framework for future investment in the Square Mile’s streets.

Much of the Strategy’s content is inter-linked and places pedestrians as the priority.

Planning, infrastructure and safety changes will be developed to put them first, while minimising the impact on essential traffic.

The City Corporation engaged with over 2,500 people during the earlier public consultations, the findings from which shaped these proposals.

Chris Hayward, Planning & Transportation Chairman at the

City of London Corporation said: “The Square Mile is a unique place to travel, therefore radical proposals are required to futureproof this world class, growing business and cultural centre. Once finalised, this Strategy will ensure the Square Mile remains a healthy, accessible and safe commercial and cultural centre and a great place to live, work, and visit in years to come.”

Along with some of the key points highlighted on this spread, the Strategy includes proposals which address accessibility issues, on-street security, improving the cycling experience, transformative public realm principles, electric vehicle charging infrastructure and emerging technology.

Fewer vehicles This means encouraging drivers to use the right street for the right journey. Vehicles without a final destination in the City will be directed away from pedestrian priority areas.

15mph speed limit Following the introduction of the 20mph speed limit there was a significant reduction in the number of people killed and seriously injured while cycling in the City. But the increase in the number of workers since then has meant that the overall number of people killed and seriously injured annually has not gone down. A City-wide 15mph speed limit could reduce the likelihood and severity of collisions.

Congestion charge fit for purpose This would be part of measures to reduce motor traffic by 25% by 2030 and 50% by 2044.

To create a future where... n The Square Mile’s streets are great places to walk and spend time n Street space is used more efficiently and effectively n The Square Mile is accessible to all nP eople using our streets and public spaces are safe and feel safe n More people choose to cycle n The Square Mile’s air and streets are cleaner and quieter nD elivery and servicing are more efficient, and impacts are minimised n Our street network is resilient to changing circumstances nT he Square Mile benefits from better transport connections n Emerging transport technologies benefit the Square Mile

cityview

Delivery through consolidation Deliveries make up a quarter of vehicles on City streets (a third during the morning peak). The target is for 15% reduction by 2030 with off-site consolidation, timed access and loading restrictions for freight vehicles.

22 Bishopsgate and 1 Undershaft were granted planning approval on condition that deliveries were first sent to a consolidation centre outside the City before being grouped and delivered in fewer trips to mitigate the developments.

A zero emission future Championing Britain’s first large scale Zero Emission Zone to cover central London and, in the interim, introduce local zero emission zones covering the Eastern City Cluster and Barbican and Golden Lane.

Bank experiment made permanent The launch of the Transport Strategy consultation comes just a few months after the Court of Common Council voted to make the 16-month experimental safety scheme at Bank junction permanent.

MORE INFORMATION

The consultation runs until 13 January and can be found here: www.cityoflondon.gov.uk/ transportstrategy You can provide feedback via citystreets.london or

The City Corporation’s most senior decision-making body made the final decision on the Bank on Safety initiative in September following a wideranging consultation with the junction’s users and stakeholders.

More than 4,200 responses were received.

strategic.transportation@ cityoflondon.gov.uk or Strategic Transportation City of London Corporation

The scheme restricts vehicle access to Bank junction to buses and cyclists only, Monday to Friday, 7am to 7pm.

PO Box 270 London, EC2P 2EJ

The restrictions Access to Cornhill Vehicles can continue to access Cornhill via a left turn from Threadneedle Street only.

Vehicles travelling westbound on Leadenhall Street can turn right into Bishopsgate.

Motorcycles and scooters No motor vehicles other than buses are allowed to cross Bank Junction, Monday to Friday from 7am-7pm.

Buses To be classified as a bus the motor vehicle must be designed and constructed for the carriage of at least eight passengers.

Driving through Bank Junction on public holidays If a public holiday falls between Monday and Friday the restrictions between 7am-7pm will not be enforced.

Waiting, loading and parking maps Can be accessed via the Bank on Safety page on our website.

MORE INFORMATION

cityoflondon.gov.uk/bankonsafety

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6

cityview About the City

The sun shines on the Show This year’s Lord Mayor’s Show was blessed with the best weather for many a year which, not surprisingly, encouraged a healthy turnout of spectators to welcome the new Lord Mayor to the role and cheer on the thousands of participants who made it a day to remember.

The refurbished Lord Mayor’s Coach looked particularly resplendent in the sun as did the outfits of the pikemen and musketeers accompanying it along the route. But they were only two elements of the three mile-long procession that entertained the

crowds with its mix of tradition, creativity and modernity.

The new Lord Mayor’s theme of digital skills was well represented with high tech firms such as Five AI, Virgin Media Business, Vodafone and JD.com. These were joined by other modern businesses such as Metro Bank, Barclays, KPMG, Molo Finance and British Airways.

The military were once again out ‘in force’ and well represented across the Army, Air Force and Navy, with the Royal Marines Reserve (City of London) celebrating its 70th year of service. Also on a military

theme was the presence of the Royal Canadian Artillery and the Royal Canadian Regiment.

The worldwide reach of the City was reflected by the involvement of several overseas trade organisations.

The Hong Kong Economic & Trade Office, London, the Overseas Taiwanese Community in the UK, State Bank of India and China Construction Bank (London) brought their performance skills to the procession to entertain the crowds with their music and dance.

Education and the importance of skills in young people was another thread running through the Show

from the Sea Cadets London Area Band to the University of Bristol (from which the new Lord Mayor graduated in 1982) and from Goodenough College to Teach First.

New to the Show this year were the Festival Zones at Paternoster Square/St Paul’s Churchyard and Bloomberg Arcade which offered a range of entertainment and activities to occupy the thousands of visitors after the procession had passed.

Fingers crossed for the same weather for next year’s Show!

cityview

As the head of the City of London

promote the UK as a top global

influencing international visits,

Corporation, Alderman Estlin will

destination for foreign investment.

ceremonial and state banquets,

serve as a global ambassador

He is expected to spend more

business and livery events, and

for the UK-based financial and

than 100 days abroad visiting 30

charitable activities.

professional services industry for a

countries across six continents.

one-year term and will be taking a

Peter Estlin is the 691st Lord Mayor of the City of London.

7

“My mayoral theme for the

sabbatical from his role as a Senior

During his Mayoral year, Alderman

year will drive home the message

Advisor to Barclays plc.

Estlin will also look to promote his

that our fast-changing society

‘Shaping Tomorrow’s City today’

and access to new technology

The Lord Mayor acts as an

agenda which will build on the

must be open to all, in particular,

international spokesperson for the

current Lord Mayor’s theme of

the elderly, poor, and disabled,

City, leading business delegations

the ‘Business of Trust’ and focus

many of whom are at risk of being

overseas to key international

on promoting innovation and

left behind.”

markets on behalf of the UK’s

championing digital skills across

financial and professional services

the UK. The programme has three

industry. In the role he will meet

key aspects: promoting innovation

government representatives

& technology, championing

from around the world, alongside

digital skills, and addressing social

business leaders and policy

inclusion. It will be underpinned

makers both at home and

by research that identifies digital

abroad. He will look to strengthen

skills gaps and opportunities for

economic ties with the UK, identify

the UK. Alderman Estlin’s mayoral

new business opportunities and

theme will guide his entire year,

MORE INFORMATION

www.cityoflondon.gov.uk/lordmayor YOU MIGHT ALSO BE INTERESTED IN

the Lord Mayor’s chosen charities. www.thelordmayorsappeal.org

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cityview Services

Report, report, report Anyone who has had their eyes on the news in recent months can’t have failed to notice an increase in the amount of fraud – whether business or personal – that seems to have taken place in the UK. Fraud in general has become the fastest growing crime in the country, especially online fraud because the internet is so accessible and low risk in comparison to physical crime.

It has been reported that the estimated cost of fraud to the UK runs into the billions and the nature of this crime also means that it is massively under-reported.

Traditional assumptions about who is being targeted by this fraud is also being challenged. Whereas in the past, you might suspect older people of falling prey to fraudsters,

these days virtually anyone can become a target because of the ‘scattergun’ approach online fraud has.

The City of London Police’s Action Fraud is on the front line of tackling fraud, in all its guises, across the UK by acting as the central repository of reported fraud. At the time of writing the whole Action Fraud system was in the process of being relaunched with a new look but, more importantly, a more user and mobile-friendly approach to allow people to report fraud that much quicker.

“Our new system, launched in collaboration with IBM, allows users to report either via the website, by phone or via our call centre,” said Detective Inspector Lara Xenoudakis. “It also allows you to track the progress of the report in being dealt with.

“We’ve tried to make it easier for firms to report as well, given the amount of paperwork business people have to deal with on a daily basis.

The national trend shows a 62/38% split between business and personal fraud but in the City, because of its very nature, this rises to 80% for business fraud.

“I would really stress to firms and individuals the importance of reporting fraud – even if it’s unsuccessful. We can’t deal effectively with the issue if we don’t know it’s full scope which then allows us to allocate the appropriate resources to tackle it.”

The nature of this crime also means that it’s constantly changing. “There’s currently a TV licensing scam underway and fraudsters are very good

at copying genuine emails or websites to con the victim,” Lara continued. “But there are also seasonal frauds that pop up every year. Christmas is a regular time for scams around online shopping, even copying emails from larger department stores.

Then there’s dating fraud around Valentine’s Day, Haj fraud, concert tickets fraud and holiday rental fraud in the summer. We also advise students during Freshers’ Week not to allow their accounts to be used by fraudsters and used as ‘money mules’.

“We are currently supporting a campaign called ‘Take Five’.

Speed is often the fraudster’s ally and in the fast-moving environment of the City it’s all too easy to click on a link in an email or text without concentrating on whether it’s genuine or not.

We’re encouraging people to hold off for five minutes and just think about it. If someone approached you in the street and said you’d won £50,000 but they just needed a few details from you, you’d laugh in their face.

But because mobile phones in particular appear so personal and friendly people act in a different way. People feel safer and more trusting when they see things on websites.”

Action Fraud also carries out a range of disruption and crime prevention techniques for victims across all sectors to target criminality and engineer out the

cityview

9

“ There are also seasonal frauds that pop up every year. Christmas is a regular time for scams around online shopping, even copying emails from larger stores. Then there’s dating fraud around Valentine’s Day, Haj fraud, concert tickets fraud and holiday rental fraud in the summer.”

Top tips on avoiding falling victim to fraud threat from fraud and cybercrime. Examples of this include the disruption of telephone lines and websites linked to fraudulent activity, or working with banks to request the closure of accounts linked to crime.

1.

Take five.

Don’t immediately click on a link or ad that looks inviting. Take that time to ask yourself if they are genuine.

If you’d like to keep up to date on what the fraudsters are up to, and avoid falling victim to them, there are a number of options. You can visit the Action Fraud website homepage. You can also sign up for their alerts or follow Action Fraud on Twitter. The team send out a weekly tweet under the heading of #PhishyFriday with a summary of the latest frauds doing the rounds.. 1

2.

Don’t click on links in emails or texts from unknown accounts.

3.

Don’t hang up a phone call and dial a number they give you – fraudsters have a way of staying on the line.

4.

Never supply passwords or pin codes – a bank would never ask for these.

5.

Businesses should make sure they carry out due diligence especially on emails from companies claiming to have changed bank or address details.

6.

Report suspected fraud as soon as possible. Electronic banking means that funds can be lost very quickly but it’s still possible to disrupt if there is time.

MORE INFORMATION

actionfraud.police.uk

t

@actionfraudUK

7.

Report, report, report.

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cityview Services

A breath of fresh air

For several years now the City Corporation has undertaken a programme of linked activity across different areas of its work aimed at reducing air pollution. Now the fruits of that work are starting to be seen with the organisation being honoured in the 2018 National Air Quality News Awards for its collaboration on air quality with Sir John Cass’s Foundation Primary School.

100 such stations in place around the Square Mile).

Policies brought in to improve air quality at the school include installing air quality plants throughout the grounds, green walls made from ivy screens, new air filtration units in classrooms and teaching pupils how to reduce their exposure to air pollution.

The Awards celebrate the successes of industry, local authorities, transport and technology providers in driving down air pollution and improving air quality. They recognised the collaboration between the City Corporation and the school that began in 2003 with the installation of a 24-hour air quality monitoring station in the playground (one of

In April, new research revealed air pollution at the school fell below the legal annual limit for the first time since monitoring began in 2003.

The City Corporation has also transformed the local area with the removal of the Aldgate gyratory system, the planting

of 71 trees and the creation of a new community space called Aldgate Square.

Pedestrian access and cycling routes have been improved and traffic closed at the junction of Middlesex Street and St Botolph Street.

“ The City Corporation is implementing a no-diesel strategy for all its new vehicles”

The work with Sir John Cass’s Foundation Primary forms part of the City Corporation’s wider fight against air pollution.

It works with businesses through its CityAir Programme whilst leading a London-wide crackdown on drivers who leave their engines idling. This year, the City Corporation launched a clean air cargo bike delivery scheme which helps the Square Mile’s businesses tackle toxic air pollution by shifting deliveries from diesel and petrol vans to

cityview

The Ultra Low Emission Zone is coming – are you ready?

The Ultra Low Emission Zone (ULEZ) is a TfL traffic management and emission reduction scheme coming into force on 8 April 2019. Initially, it will operate within the same area as the current Congestion Charge Zone.

Most vehicles will need to meet new, tighter exhaust emission standards or pay a daily charge to travel within the area which will operate 24 hours a day, seven days a week. It is hoped that vehicles meet the new emission standards rather than incur the charge.

cargo bicycles. And the City Corporation has banned the purchase of diesel vehicles from its own fleet of 300 vehicles, where there is a clean market alternative.

It has also introduced a City-wide 20mph zone, and its new procurement rules have brought in tight restrictions on harmful emissions from bulldozers and generators.

The City of London Corporation has also been honoured with the Electric Consolidation prize at the Institute of Courier Awards.

The ceremony showcases organisations in the transport and logistics industry who are working to improve air quality.

The City Corporation won the award for “transforming” its fleet

in readiness for the Ultra-Low Emission Zone, which will be in place in central London from 8 April 2019 (see right).

Judges praised the City Corporation for working with business to tackle emissions from deliveries and freight, as well as rolling out electric vehicle charging infrastructure.

The City Corporation is implementing a no-diesel strategy for all its new vehicles – and judges said the organisation was helping to bring the concept of “no diesel” to a wider audience.

The City Corporation has just finished a consultation on options for a pilot scheme at the southern section of Moor Lane which allows access to ultra-low

emission vehicles only with a view to beginning the pilot in April 2019. And consultation on its updated Air Quality Strategy should also begin in Spring next year.

With regard to personal exposure to air pollution, its CityAir app provides over 27,000 Londoners with low pollution travel routes across the capital, with advice and alerts when air pollution is high. The City Corporation has also published a brief guide on how residents, workers and visitors can reduce their exposure to air pollution – when outside; when travelling; and when exercising outside. 1

MORE INFORMATION

Cityoflondon.gov.uk/air

t @_CityAir

New emissions standards are: n Euro 3 for motorcycles, mopeds, motorised tricycles and quadricycles (L category) n Euro 4 for petrol cars, vans, minibuses and other specialist vehicles n Euro 6 for diesel cars, vans and minibuses and other specialist vehicles n Euro VI for lorries, buses and coaches and other specialist heavy vehicles The daily charge will be: n £12.50 for vehicles under 3.5 tonnes such as cars, motorcycles and vans. n £100 for vehicles over 3.5 tonnes such as lorries, and for buses/coaches which are over 5 tonnes.

This charge will be in addition to the weekday congestion charge and the Low Emission Zone (LEZ) charge and will replace the T-Charge.

There are limited exemptions, discounts and sunset periods for some vehicles including residents of the zone, taxis and vehicles with a disabled or disabled passenger vehicle tax class.

11

cityview Business

Stat attack

The UK’s financial and insurance services sector trade balance has increased to almost £61bn. This is by far the largest trade surplus of any UK services sector.

£61bn

Key markets for UK financial services

If your question involves a statistic relating to the City and business, then chances are the City Corporation’s Research team have published data on it. As part of the Economic Development Office, the team regularly sources information and publishes

infographics – reproduced in this spread. The infographics are an easily digestible way of presenting what could be otherwise dry information in an The share offormat. financial services at-a-glance And at theexports going to the EU has risen from 39% to time of writing, the team were working on a new publication looking at City jobs – such how many people are employed in what sector and how this has changed over time.

Their latest publication in 2017. draws on ONS data to look at financial and business services’ contribution to the UK economy using

But much of the research work produced goes beyond statistics to look at wider issues. This year a sign that the EU is becoming an increasingly important market alone the team has published

42%

£33bn

Financial and business services’ contribution to the UK economy

for financial services.

Germany They make up…

Between 2016 and 2017, finance and insurance services exports increased from £75bn to

2016

Trade with high growth markets has increased

France

and the Netherlands China has increased CLOJ6482-Financial-services-trade-infographics-A4.indd from £280m to £340m. 1

10%

£78bn

9%

8%

Imports

Finance and insurance services imports increased from £16.6bn to over

£17bn

an increase of £3bn or 4%, driven by financial services.

Key markets for UK financial services

£340m

21% £280m

an increase of £440m of UK financial services exports. or 3%, driven by a small increase in both finance and insurance imports.

Trade with our key markets has increased, such as

US Japan fromof£15bn to services from £3.8bn to Financial services trade The share financial exports The UK’s financial and insurance The second largest trade surplus with thesector EU hastrade increased EU has risen 39% tobusiness services balance has going to the is generated byfrom the other from £29bn 2016 to increased toin almost £61bn. This services sector at almost

is by far the largest trade surplus of any UK services sector.

£16bn £42bn 42%

£61bn £33bn £58bnin 2017.

£4bn

Switzerland from £2bn to

£2.3bn £61bn

The third largest is

Canada Australia telecommunications £42bn from £817m to from £814m to and IT services at £9bn.

£839m

£832m

#2

India has remained fairly steady

£9bn

#1

#3

£227m

a sign that the EU is becoming an increasingly important market for financialThe services. surplus in financial services and business services

trade helps to balance the UK's trade in goods deficit.

Subscribe to our research at www.cityoflondon.gov.uk/researchsubscribe

Key markets within the EU include

2017

Subscribe to our research at www.cityoflondon.gov.u

Key markets within the EU include

Exports

£58bn

insights relating not just to the Square Mile but financial and professional services across the UK – and globally. They also examine how they relate Financial services trade to the UK’s economy as a whole, with the EU has increased explore opportunities for growth from £29bn in 2016 to in overseas markets and publish papers on the long term global competitiveness of the UK’s financial and professional services sectors.

Sources: ONS, Pink Book, 2018

How much tax does UK financial services contribute to the economy? How big is the global green finance market? What’s the value of FinTech? How many people are employed in the City? What’s the makeup of the City’s workforce?

Sources: ONS, Pink Book, 2018

12

TradeInwith high 2017, thegrowth trade in markets has deficit increased goods stood

2016

2017

UK financial services

to the UK economy

s

e as

bn

s

bn

Imports Finance and insurance services imports increased from £16.6bn to over

Imports

£33bn £33bn

an increase of £440m or 3%, driven by a small increase in both finance and insurance imports.

£17bn

in 2017.

services sector at almost

£42bn

£61bn

£42bn

The third largest is

#2

£61bn

#1

42% 42%

9% 9%

21

of UK financial services exports.

US Japan Switzerland Trade with our increased, such from as from £15bn to key markets fromhas £3.8bn to £2bn to

£42bn

£ £

£61bn

£ £ £

£137bn In 2017, the trade in goods deficit stood at over

£42bn

£ £

£137bn

oflondon.gov.uk/researchsubscribe

oflondon.gov.uk/researchsubscribe

17/08/2018 10:23

US from £15bn to

Japan from £3.8bn to

Switzerland from £2bn to

£16bn

£4bn

£2.3bn

£16bn

£4bn

Australia from £814m to

India has remained fairly steady

Canada from £817m to

Australia from £814m to

India has remained fairly steady

£839m

£832m

£227m

£839m

£832m

£227m

Subscribe to our research at www.cityoflondon.gov.uk/researchsubscribe

Subscribe to our research at www.cityoflondon.gov.uk/researchsubscribe

MORE INFORMATION 17/08/2018 10:23CLOJ6482-Financial-services-trade-infographics-A4.indd 2

www.cityoflondon.gov.uk/business

policy and debate on issues more generally.

www.cityoflondon.gov.uk/researchsubscribe

t @CoL_research https://colresearch.typepad.com

If you want to keep up to date on the latest stats and thinking on financial and professional services then you have a number of options: you can subscribe to their regular emails, read their reports and the Economic Research blog online or follow them on Twitter. 1

£2.3bn

Canada from £817m to

CLOJ6482-Financial-services-trade-infographics-A4.indd 2

work on how City firms are using innovating place strategies to attract talent, how FPS firms can maximise the impact of their corporate community investment programmes, and how the UK’s visa application system can become more effective and efficient. This research is used in the wider work of the City Corporation in relation to the City and businesses and to inform

£280

of UK financial services exports.

Trade with our key markets has increased, such as

In 2017, the trade in goods deficit stood The surplus in financial services and services atbusiness over trade helps to balance the UK's trade in goods deficit. £

£61bn

21

£280

#3

trade helps to balance the UK's trade #2 in goods #1 deficit.#3

£

8% 8%

£9bn

telecommunications £42bn and IT services £9bn at £9bn .

The surplus in financial services and business services

£

13

a sign that the EU is becoming an increasingly imp for financial services.

10% 10%

£42bn

telecommunications and IT services at £9bn.

cityview The share of financial services exports going to the EU has risen from 39% to

a sign that the EU is becoming an increasingly imp Key markets within the EU include for financial services.

Trade wi markets Germany France and the Netherlands Trade wi Key within the EU include China ha Theymarkets make up… markets from £28 Germany France and the Netherlands China ha They make up… from £28

an increase of £440m or 3%, driven by a small increase in both finance The second largest trade surplus and insurance imports. is generated by the other business

The second largest trade surplus is generated by the other business services The thirdsector largestatisalmost

The share of financial services exports going to the EU has risen from 39% to

“ As part of the Economic Development Office, the team regularly sources information and publishes in 2017. not just to the Square Mile but insights relating financial and professional services across the UK.”

£17bn

Finance and insurance services imports increased from £16.6bn to over

Sources: ONS, Sources: Pink ONS, Book,Pink 2018Book, 2018

e as

Financial services trade with the EU has increased from £29bn in 2016 to Financial services trade with the EU has increased from £29bn in 2016 to

And if you’ve ever wondered what the City Corporation has done for you then there is a handy guide available covering the support it has given to financial and professional services in 2018.

201

201

14

cityview Things to do

It takes two (or more)…

No artist works in isolation.

emotions they caused, helped

They can be influenced by

fuel his symphonies – numbers 5,6

their surroundings, the political

and 8 – with the accompanying

backdrop of the day and most

sheet music on display.

especially by their relationships.

Another notable figure is Virginia Whether simply friendship or

Woolf whose friendship with Vita

something more intimate, artists

Sackville-West is shown through

are often affected by people

their various correspondence

around them. A new exhibition

alongside copies of their own

at the Barbican looks at the

works such Challenge and

importance of collaboration and

A Room of One’s Own. Woolf has

mutual influence in artists from the

a second section dedicated to

late 19th century to after the end

her work alongside her husband

of the Second World War.

Leonard Woolf. He founded the Hogarth Press which enabled her

Modern Couples: Art,

to publish her own experimental

Intimacy and the Avant-garde

novels alongside some of the

demonstrates how – positive or

most significant books in the first

negative – these relationships can

half of the 20th century.

be inspirational, enabling and empowering. Showcasing the

The role of established French

creative output of more than

photographer Dora Maar can be

40 artist couples, the Barbican

clearly seen in the work of Pablo

Art Gallery features photographs,

Picasso. Her Surrealist-inspired

love letters, gifts and other rare

work encouraged a similar

archival material exploring the

tendency in Picasso’s work

relationship between these

after they met in the winter of

couples. It then displays the

1935-6. She was also the subject

groundbreaking work that these

of many paintings by the artist

relationships inspired – from

and less well-known is the fact

sculpture to photographs, music

that he, likewise, was the subject

to writing and paintings to

of a number of her works as well.

homewares.

Other well-known names include The exhibition begins with a

the renowned Austrian painter

mixture of sculptures, large and

Gustav Klimt and the Viennese

small, by Camille Claudel and

fashion designer Emilie Floge,

Auguste Rodin with their personal

surrealist Salvador Dali and poet

letters featured alongside

and playwright Frederico Garcia

that clearly demonstrate the

Lorca and celebrated artists Frida

passionate and physical nature of

Kahlo and Diego Rivera.

their involvement.

Modern Couples is now on The tempestuous

at the Barbican Art

relationship

Gallery and runs until

between Alma

27 January 2019. 1

and Gustav Mahler is also

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charted showing how

barbican.org.uk/

their various separations

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and reunions, and the ensuing

zzzzz

cityview Things to do

The changing face of childhood

It may be hard to imagine now but there was a time in the UK’s history when children had no special status and were simply seen as small adults. This had all the implications of that role, such as earning money for the family – often in gruelling and unforgiving jobs.

It was during the 19th century that Victorian society began to view youth in a different light.

Charles Dickens was one of the more high-profile personalities who drew attention to the plight of poor children in society, for example in Oliver Twist. But gradually society as a whole began to regard children with greater empathy than before and in need of special protection, regardless of class.

This was when our current concept of childhood was born and children were no longer

viewed as just another addition to the labour market. Childhood became an ideal; a carefree time of leisure and learning. This view became popular with artists and art enthusiasts alike, influencing a genre of idealised artwork depicting domestic happiness, childhood innocence and peaceful family life.

However, despite the good intentions, middle-class romanticism was often a world away from the reality of many children who lived and worked in poverty, although it marked a shift towards a more benevolent view of young people which would eventually become enshrined in a number of progressive law reforms This major change in attitude can now be seen in an exhibition at Guildhall Art Gallery - Seen and Heard: Victorian Children

in the Frame. It tells the story of a period where social revolution saw history’s forgotten children perceived and individualised for the first time. The exhibition boasts a selection of works from the City of London Corporation’s permanent collections, as well as key loan pieces from major British collections, including Tate Britain and the Royal Academy.

Seen and Heard is now on at Guildhall Art Gallery. Tickets: Adults £8, Concession £6.

Open Mon-Sat 10am-5pm; Sun 12noon-4pm Family Saturdays: Children under 12 will be able to bring one accompanying adult into the exhibition for free on the following dates: 8 December; 12 January; 9 February; 9 March; 13 April. 1

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cityoflondon.gov.uk/seenandheard

t @GuildhallArt f GuildhallArtGallery i visitthecity

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cityview And finally Plan ahead The City Corporation is consulting on its draft Local Plan which sets out the future development of the Square Mile. It looks forward to 2036 and provides guidance on what types of development and activities are likely to take place and where.

The draft City Plan 2036 can be viewed in City’s libraries and the Planning Reception Area at Guildhall. There will also be several events and drop-in sessions with display material and officers in attendance to answer questions.

An interactive summary of the Plan has been produced which uses maps, graphics and video to explain the Plan’s Vision and Objectives.

First night out, last night out You can also send your comments by email to: localplan@cityoflondon.gov.uk or in writing to: City Plan 2036 Development Plans Team Department of the Built Environment City of London Corporation Guildhall London EC2P 2EJ Your comments should reach us by 5pm on 28 February 2019. 1

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Now we are well and truly in the winter period, the City Corporation is again looking for help in spotting rough sleepers across the City and ensure that more of those who arrive new to the streets, spend no more than one night out.

The City Corporation’s outreach team, led by St Mungo’s, can help rough sleepers access specialist accommodation and support services with the aim of reducing long term rough sleeping as well as dealing with those who require specialist professional intervention.

streetlink.org.uk, by downloading the app or calling 0300 500 0914.

This will help us respond that much quicker and enable better targeting of outreach services for vulnerable rough sleepers and support enforcement where outreach and engagement have been refused. 1

If you are concerned about a rough sleeper you can report via

cityoflondon.gov.uk/roughsleepers

cityoflondon.gov.uk/cityplan2036 020 7332 1846

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Bloomin’ marvellous The City of London Corporation has won Gold in the Town category at the RHS Britain in Bloom 2018 national awards.

Its City Garden’s Team was praised in particular for its collaboration with community groups and businesses who are promoting biodiversity and protecting wildlife across the Square Mile.

Pilot project Residents and workers in the Square Mile will soon benefit from a new three-year pilot mental health centre dedicated to their health and wellbeing.

The City Corporation’s Community and Children’s Services Committee has agreed plans for the centre which will provide a range of clinical treatments to tackle mental ill health.

Although a paid for service, the

centre will deliver subsidised mental health and well-being support for residents and workers on low incomes, improving access to treatments that are not available through the NHS. The City Corporation will back the project with £451,000 in funding and commission a service provider through competitive tender. Following this, a full service provision will be developed. 1

The 54th Britain in Bloom competition, organised by the charity Royal Horticultural Society (RHS), is the largest horticultural campaign in the United Kingdom.

The City Corporation manages over 200 small green spaces in the Square Mile, creating a network of gardens, churchyards, plazas and highway plantings. These include 10 Sites of Importance for Nature Conservation, which are designated for their importance for wildlife and for people to experience nature. 1

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www.cityoflondon.gov.uk/ citygardens