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The Latest Breaking News from City

Life insurers must avoid unnecessary delays with claims, says City regulator

The Financial Conduct Authority said many firms have further to go to meet its expectations.

Evening Standard

City of London Police boss admits: ‘I was a victim of online fraud’

Oasis and Taylor Swift fans targeted in ‘industrial-scale’ crime epidemic costing consumers £1.17 billion a year

Evening Standard

Sam and Aaron Taylor-Johnson's former City home on sale for £6m

This secret warehouse conversion in the City has an illustrious past, featuring film-makers and the Pet Shop Boys

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Reeves tells City regulator to encourage more risk-taking in financial sector

New remit given to FCA by chancellor raises fears of a weakening of rules brought in to avert another financial crisis

The Guardian - UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

The Independent UK

Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape

Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision and our plan for economic growth. “

Evening Standard

Wise boss fined £350,000 for not telling FCA he had failed to pay tax

Kristo Käärmann failed to notify City regulator of fine from HMRC related to share sale

The Guardian - UK

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How a "retrofit first" planning policy will make the City an even greener place to work

Last year, there were 34 major retrofit projects approved across London and half of those were in the Square Mile

Evening Standard

Black youth worker Tasered by City of London police wins appeal for damages

Appeal court rules unlawful force used on Edwin Afriyie, who was standing with arms folded during road stop

The Guardian - UK

City firms rarely dock pay for misconduct, FCA survey finds

Watchdog found 40% rise in alleged bad behaviour, including sexual harassment and bullying, last year

The Guardian - UK

Rowley Leigh at The Don: chef returns with new menu at City restaurant

The lauded chef sought inspiration from Sandeman Port in creating ‘refined but unfussy’ dishes

Evening Standard

New plans for the City's tallest skyscraper will retain much loved square

Corporation planners deferred a decision to approve the plans in the summer after objections to the loss of St Helen’s Square

Evening Standard

Georgia officials ‘blatantly violated’ rights in Cop City case, say protesters

Recent testimony reveals police seized papers in apparent violation of terms of a court-ordered search warrant

The Guardian - US

Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets

The Guardian - UK

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Evening Standard

Halifax and Barclays increase mortgage rates amid Budget jitters

Move means best priced sub 4% deals are fast disappearing from the market

Evening Standard

Brexit was a 'disaster' that cost the City of London 40,000 jobs, says Lord Mayor

Cities such as Dublin, Milan and Amsterdam have all gained at London’s expense

The Guardian - UK

Chancellor summons City bosses to No 11 for infrastructure taskforce relaunch

Exclusive: Rachel Reeves will meet senior City figures on Friday to discuss funding of national investment projects

Evening Standard

City maps out its future as a Square Mile of restaurants, pubs and bars

The City looks to rival the West End as a place to go out with friends and colleagues late into the night

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news in one place.

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The Guardian - UK

Labour’s challenge is complicated by the triumph of finance. That’s bad news for UK plc

To get the necessary investment, Labour must bring the financial sector onboard while diluting its often malign influence

The Guardian - UK

Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

Challenger bank apologises after City regulator says lack of checks ‘left system wide open to criminals and those subject to sanctions’

Evening Standard

New Lord Mayor of the City of London pledges to promote growth and risk taking

Lord Mayor elect warns on competitive threat to the City as the world’s top financial hub if it does not rediscover its “national edge in innovation.”

The Guardian - UK

How City high-flyers have helped to fuel UK wine-growing boom

Annual production more than doubles as office workers quit to snap up vineyards or blocks of land

Reason

N.Y. Law Mandating That Delivery Services Share More Customer Data with Restaurants Violates First Amendment

From today's opinion by Judge Analisa Torres (S.D.N.Y.) in Doordash, Inc. v. City of New York: When a diner orders… The post N.Y. Law Mandating That Delivery Services Share More Customer Data with Restaurants Violates First Amendment appeared first on Reason.com.

The Guardian - UK

Lack of City of London oversight hurting efforts to halt dirty money, FCA warns

Bodies responsible for monitoring accounting and legal sectors not doing enough to stop money laundering, watchdog says

The Independent UK

Former NYC Covid czar attended sex parties while shaping pandemic guidelines

‘The only way I could do this job for the city was if I had some way to blow off steam every now and then,’ Dr Jay Varma can be heard saying in one clip

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