EVENT: “The City in a post-Brexit world”


Some 200 finance professionals gathered online on Tuesday 13 April for an event hosted by The Devonshire House Network and chaired by The Right Honourable The Lord Lamont of Lerwick PC.

The subject was “The City in a post-Brexit world” and the emphasis was on taking advantage of the immediate and future opportunities to ensure the City and the UK’s financial services sector maintains and grows its dominant position in Europe and around the world.

After the initial introduction by DHN’s MD, Charles Russam, Lord Lamont outlined the challenges and opportunities ahead.  After setting the scene, he then called on the eminent panel of speakers to give their views, after which he chaired a question and answer session.

This fascinating event featuring seasoned professionals putting forward stimulating ideas is available below.  Running time 69 minutes.

About the Chairman and speakers:-

The Rt Hon The Lord Lamont of Lerwick PC was a Cabinet Minister under Margaret Thatcher and John Major, and a member of the House of Commons for 25 years. From 1990 to 1993, he was Chancellor of the Exchequer at a particularly difficult time that included Britain’s exit from the ERM.  Many economists have attributed the economic stability and growth enjoyed by Britain in the ‘90s and thereafter to the tough policies introduced by him. Norman Lamont was Britain’s Chief Negotiator at the Maastricht Treaty and secured Britain’s non-participation in the euro, of which he remains a strong opponent and critic. As well as being a working Peer, he is a director of a number of financial companies. He was created a life peer in 1998.

Professor Daniel Hodson, Founder and Chairman of City United Project.  Daniel Hodson’s early career spanned both marketing and financial roles.  He became Deputy CEO of Nationwide Building Society in 1989 and in 1993 was appointed CEO of LIFFE plc, a post he held until 1998.  Daniel has extensive experience as non-executive director of The Post Office, Rolfe and Nolan plc, Independent Insurance Group and the London Clearing House plc.  He is a non-executive director of SVM Global plc and Chairman of BPLGlobal (Holdings) Ltd.  He is also a former Master of the Mercers Company and Chairman of the Lokahi Foundation.

Dr Gerard Lyons is one of the UK’s leading economists.  His main focus is as chief economic strategist and shareholder at the challenger wealth manager Netwealth.  He is a Board Member of Bank of China (UK); a non-executive director of BGC (Europe); a senior fellow at Policy Exchange think-tank; and sits on the advisory boards of Warwick Business School and of the Grantham Research Institute on Climate Change and the Environment at the LSE and Imperial College.  During Boris Johnson’s second term as London Mayor, Gerard was his economic advisor and championed the London Living Wage and London’s global position.

Andy Ross is CEO of CurveGlobal Limited which is an interest rate derivatives venture launched in 2015 by the London Stock Exchange Group (LSEG) and a number of leading dealer banks: Bank of America, Barclays, BNP Paribas, Citi, Goldman Sachs, J.P. Morgan and Société Générale, together with the Chicago Board Options Exchange.  Their aim is to develop a competitive offering via London Stock Exchange plc’s derivatives market which has Recognised Investment Exchange status in the interest rate futures market, delivering lower transaction costs, and capital efficiencies through LCH.Clearnet – SwapClear’s recently announced interest rate portfolio margining solution.  Prior to this Andy was European Head of OTC clearing, and Managing Director of Morgan Stanley’s European OTC clearing product in Europe.

Tom Bohills is the Founder of Chronos Law, a boutique technology law firm located in London.  In 2020 he won The Law Society’s ‘Sole Practitioner of the year’ award, after which he set up Chronos Law.  Tom is an experienced IP/IT lawyer who trained and qualified at one of the world’s top law firms and has since headed the legal department of two multi-award winning UK FinTech companies.  Chronos was founded to service the booming financial and regulatory tech sector in London.  Its particular focus is on young to medium maturity technology companies in high growth mode.  Its client base spans the full breadth of the UK (and European) Fintech scene, from fixed income to money markets through to one of the industry’s biggest data providers.  Its long term anchor clients include Fintechs involved in AI driven wealth management, Open Banking and Regtech.

The CityUnited Project is most grateful to The Devonshire House Network, and in particular to its MD Charles Russam and its COO Peter Barnett, for their very efficient organisation of this event. We can recommend their other seminars which are accessible via their website.