World news story

Lord Mayor of London in Australia to boost financial sector links

Opportunities for collaboration in fintech and green finance will be high on the agenda as the Lord Mayor of London visits Australia this week.

Lord Mayor of London visits Australia to boost financial and professional sector links

Lord Mayor of London visits Australia to boost financial and professional sector links

Lord Mayor Peter Estlin - global ambassador for the UK’s financial and professional services industry – will visit Perth, Melbourne, Canberra and Sydney as the head of a business delegation to strengthen trade links with one of the world’s top international finance centres.

As well as meetings with national and regional government leaders, he will also have bilaterals with Australian Super and Macquarie Bank. He will also give a speech at the Australian Investment Council Conference to a room of key investors.

Accompanying the Lord Mayor on his visit is a senior delegation drawn from fintech, asset management, and green finance.

In 2018, the UK was Australia’s second-largest source of foreign investment and second-largest foreign investment destination.

Peter Estlin, the Lord Mayor of London, said:

I’m looking forward to my visit to Australia, a country that is a natural partner for the City of London and the UK’s financial services industry.

The UK’s relationship with Australia is already very strong, but there is still so much more that we can achieve. For example, our unrivalled fintech and green finance expertise can help remove barriers to international investment and business, creating jobs and prosperity and unlocking opportunity.

While our teams continue to battle it out on the pitch for the Ashes, we are stronger together when it comes to business.

The Lord Mayor will be tweeting from @CityLordMayor during his visit.

Background

The City of London Corporation is 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.

The Lord Mayor’s business delegation for his visit to Australia consists of representatives from:

If you are in the UK, for more information contact:

Joe Dibben, Media Officer

City of London Corporation

Joe.dibben@cityoflondon.gov.uk

0207 332 1906

If you are in Australia, for more information contact:

Annie Galea, Head of Marketing and Communications

UK Department for International Trade

annie.galea@mobile.trade.gov.uk

+61 (0)407 190 867

Published 9 September 2019