Barclays win Bloomberg Square Mile Relay London

Bloomberg Square Mile Relay 2018

Track record smashed as Barclays win race for seventh time in 12 years

Barclays were crowned the “fastest firm in the City” following their first-place finish in the 12th running of the Bloomberg Square Mile Relay London, as 120 teams across 84 businesses took to the streets of the capital’s financial district to battle it out for top spot in the annual event that sold-out in record time.

The race takes place annually in 11 cities worldwide, and this year’s London edition saw 1,200 professionals put their bodies to the test. Starting in Guildhall Yard runners negotiated a new one-mile course that included staircases, alleyways and bridges that are synonymous with the race before finishing where they left off in London’s Square Mile. 

Each team consisted of 10 members who were tasked with running the one-mile course in the fastest possible time before passing on the baton to the next colleague. The team to complete its 10 cumulative one-mile laps in the fastest time was Barclays, who were winning the race for an incredible seventh time, with the firm crossing the line in 52 minutes and 41 seconds. In second place, were Jump Liquidity in 53 minutes and 22 seconds and Trayport finished third with a time of 53 minutes 46 seconds. The previous track record was achieved by Barclays in 2016 with a time of 53 minutes and 5 seconds. 

Matt Stevens, Barclays winning team captain, said: “It’s an amazing feeling to win the race again. Everyone did a great job, they all gave 100% and they all deserve it. It’s a hard course to run, going up stairs, it’s a very different distance and you never know what’s left in the legs. We’re really happy to win it again, it’s a brilliant event.”

The fastest runner on the day was Austin Roth, from J.P. Morgan who ran his leg in a time of 4 minutes 40 seconds. The Fastest Mixed Team award was won by J.P. Morgan in a time of 56 minutes and their team captain Jonathan Ormerod said: “We won the overall prize last year, but we wanted to come back with a mixed team this year and go for that trophy instead. We train together as a team and we also train with Barclays who are one of our competitors in this event. We always really enjoy the Bloomberg Square Mile Relay and we’re thrilled to win the mixed prize.”

Building on Bloomberg's long-standing tradition of supporting local communities and giving back, the Bloomberg Square Mile Relay in London teamed up with sport-for-development charity Greenhouse Sports to give back to the community as part of the global ‘The Extra Mile’ initiative. The Extra Mile aims to address unique social challenges in each city where the relay race takes place. Runners are encouraged to vote for one of three causes that will have yearlong support via a $25,000 donation and runners will have a chance to volunteer in activities that address the winning challenge.

Andrea Mosconi, Regional Head of EMEA Sales, Bloomberg, said:“Congratulations to Barclays for winning the 12th annual Bloomberg Square Mile Relay in London, which celebrates the value of speed, teamwork and giving back to the communities in which we work. It is great to see so many of our clients and partners participating for such a worthwhile cause.”

120 teams competed in the London leg of the global race series, with headline sponsor Bloomberg, returning for its 12th year of sponsorship, joined by London Executive Offices as workspace partner, CASS Business School as education partner, On Running as running shoe partner, Trustly as race partner, Greenhouse Sports as The Extra Mile partner, and Sporting Wine Club as wine supplier.

Also joining the evening to be the Official Race Starter was the United Nations Patron of the Oceans, Lewis Pugh. He just completed ‘The Long Swim’, a 530 km swim the length of the English Channel from Land's End to Dover, in 49 days, marking the beginning of a worldwide campaign to ensure that 30% of our oceans are fully protected by 2030. The organiser of the Bloomberg Square Mile Relay, Square Mile Sport announced that their aim is now to become single-use plastic free on race night across the entire global series of 12 races by 2020.

James Hassett, Managing Director of race organiser Square Mile Sport said: “It’s been absolutely fantastic to have Lewis here with us so soon after his incredible achievement. Not only has he been an inspiration to many around the world, he has inspired us to improve and change what we do across the global series – we now have a clear aim, and this is our challenge.

“Our global race series is unlike any other and allows colleagues and businesses to join and compete at a very high level, supporting many fantastic causes along the way. We are excited to announce that two new cities are being added to the annual series next year, but we now look ahead to our next race which will be hosted in Singapore on 25th October with a record-breaking number of teams!”

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