Anjalika Bardalai

In this blog Anjalika explores what makes a financial services trade corridor genuinely ‘emerging’. Using a rule-based approach, she explains how combining initial trade values, long-term growth and cumulative trade helps distinguish meaningful new opportunities from small or volatile flows, and considers how this analysis could help the UK identify and target strategically relevant markets beyond Europe and the US.

In this blog Anjalika looks at how the UK’s international capital story extends beyond foreign direct investment (FDI). She explains why volatile annual FDI figures tell only part of the picture and highlights the wider role of foreign portfolio investment and cross-border deposits in supporting the UK economy and its position as a leading international financial centre.

In this blog Anjalika looks at why Britain’s financial and related professional services exports are central to the UK’s export performance, not a niche sector. She shows how they drive growth and resilience, especially as goods trade comes under pressure.

In her latest blog Anjalika Bardalai, our Chief Economist and Head of Research, takes a look at why methodological differences shift the numbers behind the UK’s key trading relationships, but not the narrative.

In this blog, Anjalika looks into how financial and related professional services outperform the broader UK economy on productivity, although the gap is gradually narrowing. While financial services productivity has softened, related professional services have remained more resilient, highlighting the importance of new datasets for deeper insight.

In her latest blog, Anjalika Bardalai, our Chief Economist and Director of Economic Research, presents fresh research into the global asset management sector, examining the UK's expanding international influence and the notable rise of retail investors and alternative assets.

With jobs numbers and labour market trends receiving considerable public, policymaker and media attention at the moment, Anjalika Bardalai, our Chief Economist and Director, Economic Research has analysed the trends in financial services employment.

Anjalika Bardalai, our Chief Economist and Director, Economic Research, looks at how global foreign direct investment (FDI) continues to be dominated by advanced economies, with financial services in the UK attracting a significant share. However, emerging markets are steadily increasing their role as both sources and recipients of FDI, reflecting a gradual shift in global investment patterns.

The latest blog from our Chief Economist and Director, Economic Research, Anjalika Bardalai, looks into how to quantify the impact the financial and related professional services industry has on the rest of the economy.

In her latest blog, Anjalika Bardalai, our Chief Economist and Director, Economic Research, looks at the significant divergence between value and volume growth in UK financial services exports.

Anjalika Bardalai, our Chief Economist and Director, Economic Research, looks into the crucial role Sovereign Investment Vehicles (SIVs), including Sovereign Wealth Funds, Public Pension Funds, and State-Owned Enterprises, play in generating financial returns for their nations.

In her latest blog, Anjalika Bardalai, our Chief Economist and Director of Economic Research, examines the difference between export volumes and export values, two measures of exports which look at different aspects of overseas sales.

Anjalika Bardalai, TheCityUK's Chief Economist and Director, Economic Research, looks into the relationship between financial and related professional services employment and business numbers.

Our Chief Economist and Director, Economic Research, Anjalika Bardalai, analyses subsector and country contributions to industry export growth, providing more colour than in the picture painted by simple growth rates.

Anjalika Bardalai, our Chief Economist and Director, Economic Research, looks into how growth in UK financial services exports to the EU at a headline level obscures some divergent country-specific trends.

Carbon is priced more expensively in Europe than anywhere else in the world. What does this mean for global efforts to reach net-zero emissions targets, and how can better data get us to a more equitable solution?

In my last blog post, I examined trends over time in the financial services trade surpluses of the UK and the US. I noted that these two countries are not only the world’s largest net exporters of financial services by a wide margin, but also each other’s largest financial services trade partner.

The UK remains the world’s largest net exporter of financial services – but the underlying data show how the picture has been changing over time.

Towards the end of 2023, I had the opportunity to travel to Liverpool at the invitation of the Department for Business and Trade, to present our economic research at an event as part of their International Trade Week...

Cities vs their wider urban areas: how does financial and related professional services employment differ?

We have created a proxy dataset to analyse demand for various types of financial services jobs over time and by UK region...

What do we mean when we talk about ‘financial services jobs’?

A few months ago, TheCityUK launched its latest Economic Research report on green and sustainable finance, in partnership with ICE: new, ground-breaking research on carbon markets...

Industry employment grew strongly last year, but growth in the past decade has been more volatile...

More granular detail about where industry exports originate and where they are sold give us more, though still evolving, insight into a crucial part of the economy

Better insight into business and economic conditions might allow early interventions to assist distressed firms, or longer-term policy changes where appropriate.

Always important, better financial literacy will be crucial as economic and financial difficulties mount

A speech given by Anjalika Bardalai at the Manchester launch of Quantuma Clarity

Understanding the dynamics of headline-grabbing developments in the labour market requires sector-specific analysis.

Read the speech given by Anjalika Bardalai at the CISI UK-China Finance Development Forum

Read the speech given by Anjalika Bardalai at TheCityUK Annual Conference 2022.

Quantifying green finance is a very inexact science, but the attempt to do so reveals some unambiguous trends and raises important questions.

Anjalika Bardalai, our Chief Economist looks at the data and statistics that show the UK’s role as one of the world’s leading international financial centres

The Budget and Spending Review set out spending increases in areas ranging from sustainability to levelling up, but it is too early to tell whether these will be enough to address long-standing social and economic challenges.

Our latest economic research, produced in partnership with Clifford Chance, delves into the complex and sometimes mysterious world of state-backed assets under management.

Amid the fanfare that greeted the bullish economic projections published last week in the Bank of England’s Monetary Policy Report, one detail of monetary policy received relatively little attention.

Innovative, AI-based methods of economic analysis can give policymakers unique new insights into economic trends

As the world approaches a full year of having grappled with the novel Coronavirus, it’s worth taking a closer look at examples of financial services products created to address a very specific problem: catastrophe, pandemic and social bonds.

What does ‘sustainability’ mean in the era of Covid-19—and how can we ensure that it is integrated into post-pandemic economic rebuilding?

Financial services employment is, overall, gender-balanced—but will it stay that way?

New data allow us to build on earlier analysis to examine financial services productivity on a regional basis.

The US and UK occupy a unique position among global exporters of financial services.

Our research finds that London accounted for 52% of British financial and related professional services exports in 2017.

In my last blog post I explored some analysis the Office for National Statistics (ONS) has undertaken on productivity in the UK regions and nations. But the data I explored last week was for the whole economy; today I want to take a closer look at productivity in financial services.

I was very pleased to launch our 2018 ‘Regional report’ in Leeds last week.

Last month I was delighted to help TheCityUK inaugurate two things: a new economic research report on green finance, but also a collaboration with Imperial College Business School’s Centre for Climate Finance & Investment.

In this blog Anjalika looks at balance-of-payments asymmetries, which highlight significant discrepancies in how countries record trade, especially in services, resulting in confusing situations where both sides report surpluses.