CITY AM – City warms to Rishi
CITYAM SAYS As Labour leader Sir Keir Starmer doesn’t tire of reminding voters: expertise beyond politics can be invaluable. For the current resident behind that most famous front door, it’s so far proved an advantage.
Liz Truss’ accountancy background may not have aided her short-lived leadership bout, but – for the City’s boardrooms at least – her successor could hardly be better suited for the clean up.
Financial analyst, hedge fund manager, MBA-holder: Rishi Sunak’s Californian-esque CEO charm has proved a tonic for the Square Mile.
“I think the consensus is that Sunak is a breath of fresh air,” Shard Capital’s Bill Blain told City A.M.
“[He’s a] highly competent ‘details man’ who has gone into the job with an approach we’d haven’t seen from a UK premier for too long.”
Top fund manager Martin Gilbert said: “What I would say is there’s an air of competence about them. They’ve steadied the ship – to use that dreadful term.
“I think the electorate… I think there’s a desire to have someone competent running the country and the economy.”
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