The Latest Breaking News from City

Small investors can’t stay bottom of the food chain

City Comment: The industry needs to change and is heading for a shake-up that is surely overdue

Evening Standard · Oct 6, 2023

The City fund ‘dinosaurs’ still gobbling up billions for poor performance

The gap between good funds that offer value and bad ones is set to widen

Evening Standard · Oct 6, 2023

Metro Bank shares crash as City worries about fund raising plans

METRO Bank shares crashed 25% this morning as the City digested the latest blow to the lender – a plan to raise £600 million to shore up its finances.

Evening Standard · Oct 5, 2023

London pubs help Shepherd Neame break records with tourists and commuters pouring back

Friday takings “not the disaster they were” as City workers and West End revellers return, says Britain’s oldest brewer

Evening Standard · Sep 27, 2023

Soaring new towers show the sky’s still the limit for the City

City Comment: It’s extraordinary in a time of hybrid working that the extra space on offer at these two soaring office citadels can be absorbed so easily.

Evening Standard · Sep 26, 2023

Financial Times returns to profit despite print circulation cut

The FT said it had “work to do in relation to race” after a rise in senior ethnic minority employees quitting the firm and an increase in its ethnicity pay gap

Evening Standard · Sep 26, 2023

Watchdogs need to be bold to boost diversity in the City

City Comment: The FCA and PRA’s words today are welcome, but progress has been slow

Evening Standard · Sep 25, 2023

Back to your desks! City banks take tough stance on hybrid working

Demand for London office space has climbed with banks the most active, new research shows

Evening Standard · Sep 25, 2023

FCA draws up tougher rules to protect women from workplace abuse

Watchdog thought to be including guidance on its ‘fit and proper’ test for non-financial misconduct

The Guardian - UK · Sep 24, 2023

‘Imagine Westminster under water’: stricter tests needed to see how City copes with climate disasters

Sam Woods, head of the Bank’s financial stability watchdog, says lenders have only shown they can survive ‘slow burn’ changes to temperatures

The Guardian - UK · Sep 24, 2023