Bloomberg Television Launches New Broadcast Studio in London

The UK may be in the middle of Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term negotiations, but London still remains the financial heart of Europe. This stance also appears to be shared by Bloomberg, which has just launched a new broadcast facility in the UK capital.

Bloomberg Television will be leaning heavily on the new high-tech facility to report on the financial industry’s biggest trends moving forward.

Bloomberg’s decision to unveil the new facility is hardly surprising, given that the group recently opted to open a new European headquarters last month in the city. The stance is a notable departure from other venues, many of which see London’s influence as the paramount financial Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term as on the decline, leading up to the UK’s formal schism with the bloc in 2019.

In the heart of the finance industry

Ultimately, much of this talk may simply be conjecture, with Bloomberg Television’s office serving as a ringing endorsement for the city’s prospects moving forward. As recently as September, London retained the title of top global financial center in this year’s Global Financial Centers Index survey by Z/Yen Partners and the China Development Institute (CDI).

In particular, the new broadcast facility will serve as a home to Bloomberg’s London-based television shows, per a group statement. This includes a detailed slate of programs such as “Bloomberg Daybreak Europe,” “Bloomberg Surveillance”, “Bloomberg Markets: European Open” and “Bloomberg Markets: European Close”. The broadcasts will also serve as part of Bloomberg Television’s existing global offering, which already entails instalments in such cities as New York, Washington DC, San Francisco, Hong Kong, Singapore, Sydney, Dubai, and Berlin.

Al Mayers, Global Head of Broadcast for Bloomberg, commented on the new studio: “The groundbreaking technology allows our journalists to visually tell stories like never before, leveraging the power of the Bloomberg Terminal for our viewers around the world using our extensive library of custom charts and graphics.”

The launch of a London center for Bloomberg Television represents an important move for the group as it maintains a central vantage point into one of the largest and most dynamic economies in Europe. The move also places Bloomberg in the center of the Brexit movement, strategically placed to cover all matters affecting the banking and financial services industry.

Indeed, these segments have been amongst the most widely talked about and covered by news outlets, with Brexit potentially triggering an exodus of thousands of personnel out of London. “The new studio also enhances our capability to showcase our interviews with global leaders in finance, investing, markets and economics, as well as Bloomberg’s stable of experts,” explained Mr. Mayers.