BusinessPeople In BusinessThe corridors of power…

The corridors of power...

Ten years ago, I accompanied a team from the Corporation of London on a trip to ‘sell’ the City as the best place in the world to do business.

This modest affair involved flying Concorde to New York, on to Tokyo (first
class, naturally), on to Hong Kong and back to London – all in the space of a
week. Oh it was tough, I can tell you. There’s only so much Krug champagne you
can drink.

Never having flown Concorde, I was surprised by the snottiness of the regular
passengers – mainly bankers and so-called ‘consultants’. They looked at you
pityingly as if to say: ‘You mean you’ve never flown Concorde before?’ But the
goodie bag was worth having.

The trip was led by Michael Cassidy, the corporation’s then-policy chairman –
and, as such, a man of huge influence. In a previous role chairing the
corporation’s planning committee, he was responsible for reshaping much of the
City skyline.

Cassidy tackled the gruelling trip with aplomb, enjoying razor-sharp
exchanges with his hosts while the rest of us stumbled about in a jet-lagged
daze. Or was that the Krug?

After leaving the corporation in 1997, Cassidy returned to his day job as
senior partner of Maxwell Batley, a City law firm. He did an eight-year stint as
a non-executive director of British Land.

I mention all this because Cassidy, 58, has just been named president of the
London Chamber of Commerce, the flag-waver for the capital. He was also recently
elected chairman of the Museum of London, alongside his new day job as chairman
of Hemingway Properties.

Cassidy was appointed CBE last year for services to the City. Can that
elusive knighthood be far away?

Jon Ashworth is business features editor at The Times

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

5m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer