UK

‘Remove tech firms from US Stock Exchange and it is no healthier than London’, Lord Mayor of the City of London

The City’s Lord Mayor gives his thoughts on Ireland’s Brexit strategy and the economic potential of Derry and Letterkenny

Alderman Michael Mainelli, the 695th Lord Mayor of London, waves to crowds during the Lord Mayor's Show in London, Britain in 2023. Picture: Getty

An American-accented Irish-Italian, the Lord Mayor of the City of London has plenty of thoughts on the financial services industry on both sides of the Irish Sea.

Michael Mainelli, a former advisor on Ireland's international finance strategy during the Brexit period, believes ministers and officials made a canny move in trying to lure only high-calibre firms to Dublin.

The aftermath of the 2016 vote saw grim prophecies about the decline of the City of London, ...