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But, Ashworth explains, if the proposal is part of a larger package to improve the competitiveness of the City of London, then there may be broader merits, even if it's tricky to pinpoint the specific advantages of relaxing pay rules. (Bloomberg) -- Subscribe to In The City on Apple podcastsSubscribe to In The City on Spotify It's a big week for Britain. In this week's In the City, Legal and General chief executive officer Nigel Wilson joins David Merritt and Bloomberg finance editor Katherine Griffiths to discuss what business leaders need to hear and whether any of it matters if they can't deliver. [Extracted from the article]

(Bloomberg) -- Since the start of Russia's war on Ukraine, the UK government has sanctioned more than 1,000 people and 120 businesses. Knowles says that growing divide has led London to become "an experiment in the coexistence of wealth and want.". [Extracted from the article]