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The Latest Breaking News from City

Wealth manager WH Ireland cuts jobs after completing ‘urgent’ search for funds

WH Ireland successfully raised £5 million at a steep discount this morning, after warning it was in danger of collapse if it failed to do so

Evening Standard

The real banking scandal isn’t about Nigel Farage’s account, and it isn’t about profits either

City comment: It’s unlikely Nigel Farage will kick up a storm about this one

Evening Standard

Amazon Fresh shuts three suburban stores, opens two City shops in pivot to the Square Mile

Amazon has closed three of its suburban Fresh stores and is poised to open two new sites in the Square Mile in an apparent pivot to attract more City customers.

Evening Standard

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Dead-of-night departure of NatWest boss Dame Alison Rose rocks the City

Shares in turmoil-hit bank fall and furore keeps growing after Dame Alison Rose’s resignation as NatWest’s chief executive

Evening Standard

City AM sold to ecommerce group THG

The sale prevents administrators from taking over London freesheet City AM

Evening Standard

Dame Alison, the rising NatWest star who fell to earth

Until this muck-up with Nigel Farage, Rose had barely put a foot wrong

Evening Standard

OPINION - How Labour wooed the City

Sometimes I worry I’m the only person in Britain who’s not been asked to a breakfast meeting with Jonathan Reynolds. That I tend not to eat before noon and have little of value to offer the shadow business secretary is beside the point: it’s always nice to be invited.

Evening Standard

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OPINION - The Standard View: Labour knows the City that likes to back a winner

The prawns have been defrosted, the Marie Rose sauce decanted and the lettuce shredded: Labour is once again wooing big businesses. Sir Keir Starmer and Rachel Reeves have stepped up their efforts to win over the City, with one lobbyist revealing he had been invited to breakfast with shadow business…

Evening Standard

London’s top 10 tallest buildings as new skyscraper approved

How The Shard compares with its new rivals springing up in the City

Evening Standard

OPINION - The City liked what it saw with Labour in ’97. It’s the same now

Commentary: Labour is heading for No 10 as business is fed up with the Tories

Evening Standard

How Labour wooed the City: Keir Starmer’s offensive is working on business

Business bosses ready to embrace Labour after charm offensive convinces them they have nothing to fear

Evening Standard

City minister summons UK bank bosses to discuss Farage account closure

Andrew Griffith raises ‘significant concern’ after Coutts judged ex-Ukip leader ‘did not align’ with its values

The Guardian - UK

55 Bishopsgate: New 935-feet skyscraper to join City of London skyline after tower approved by planners

63 storey tower costing £600m could join London skyline by 2029

Evening Standard

Coutts’ grandees were fools to part with Nigel Farage’s money

City Voices: Heads must roll at NatWest owned bank

Evening Standard

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Evening Standard

55 Bishopsgate: New City skyscraper recommended for approval despite fears over St Paul’s views

Skyscraper at 55 Bishopsgate would be among tallest in London and the UK if approved

The Guardian - UK

Sunak, Braverman and City regulator wade into Farage banking row

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’

The Independent UK

Minnesota mayor faces pressure to resign or meet LGBTQ+ group's demands after his comments on Pride

Members of an LGBTQ+ advocacy group are calling on the mayor of a southern Minnesota city to either meet their demands or resign

Evening Standard

City fears of global slowdown mount as China’s rebound falters

Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week

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Evening Standard

MPs to grill top City firms on sexism in finance sector

The committee is today calling for evidence “on the barriers faced by women in financial services”.

Evening Standard

Dealmaking dearth and UK stock slowdown stokes fears over the City

London third in European IPO rankings behind Istanbul and Milan

The Guardian - UK

Parliament launches new inquiry into sexism and misogyny in the City

Treasury committee requests evidence from women in business to determine whether progress has been made since its 2018 investigation

The Guardian - US

Tech companies block wage increase for New York City delivery workers

Doordash, GrubHub, Uber and Relay claim in lawsuits that the $17.96 per hour wage set to start on 12 July would deal blow to business

The Independent UK

Things to know about a landslide that has destroyed homes in Southern California

Leaders of a Southern California city hit by a destructive landslide are planning to vote on a resolution to declare a local emergency

Daily Mirror

Kalvin Phillips opens up on visiting father in prison and 'amazing' wish for his release

Manchester City and England midfielder Kalvin Phillips has opened up on his father’s stint in prison and has revealed what his plans are with him for when he is eventually released

The Guardian - UK

Bank of England boss vows to ‘see the job through’ on reducing inflation

Andrew Bailey to give speech in City of London signalling further interest rate rises are in store

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