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The Latest Breaking News from City

What if all this interest rate pain brings no gain on inflation?

City comment: Most rate-setters don’t have mortgages. How hard it is to pay one might be passing them by.

Evening Standard

OPINION - London’s pizzazz has returned; even cabbies say so

London is surging back. Anyone who has been to the West End can see the city is crowded again. If you feared Covid would do for London, think again: bars, restaurants, theatres are enjoying a roaring trade. The Tube and buses are packed, cycle lanes busy. Cabs, too. One cab…

Evening Standard

FTSE 100 Live: ‘Inflation has become entrenched’ — blue-chips close at 7559 after prices shock; gilts surge

The Office for National Statistics published May’s inflation figures this morning, confounding experts in the City again as inflation remained stuck at 8.7%. Core inflation, which hit a 30-year high in April, rose even higher to 7.1%.

Evening Standard

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Don’t rush to write off London for listings after one failed float

City Voices: Was WE Soda’s failed listing really a ‘blow to the City’?

Evening Standard

Transatlantic £464 million bid for Lookers stokes hope for City dealmaking revival

The 120p per share offer from Canada’s AAG comes after a moribund year for M&A

Evening Standard

City sets its sights on more tourists with new website

Corporation of the City of London wants to bring in ‘experience seeker’ visitors from home and abroad

Evening Standard

Exclusion of Drag Show from Public Park Violates First Amendment

From Southern Utah Drag Stars v. City of St. George, decided Friday by Judge David Nuffer (D. Utah.); seems generally correct to me: Public spaces are public spaces. Public spaces are not private spaces. Public spaces are not majority spaces. The First Amendment of the United States Constitution ensures that…

Reason

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Factory bosses supporting Wayne Birkett who was run down in Nottingham attacks

Mr Birkett was one of three people struck by a van in the city centre rampage earlier this week

Nottingham Post

Caution is still the word on inflation

City Comment: “Early signs” and “starting to ease” do not smack of a huge breakthrough

Evening Standard

London IPO market ‘effectively closed’ says Peel Hunt as it swings to annual loss

City investment bank points to turbulent politics and rising rates as it swings to an annual loss in deal drought

Evening Standard

Gareth Southgate unworried by Jack Grealish’s raucous Man City celebrations ahead of England duty

Treble winners weren’t up for Malta selection in any event, England boss asserts

Evening Standard

Fuller’s hails rebound in trade at City pubs as it reveals full-year results

Boss of pubs group says he is upbeat about coming months after return of office workers and tourists

The Guardian - UK

Fundamentals need fixing to save the IPO revival

City comment: Global confidence in UK capital markets remains low

Evening Standard

High street growing as people head to pubs and restaurants

GDP was up 0.2 per cent in April, in line with City forecasts

Evening Standard

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Nottingham Post

Two University of Nottingham students amongst victims in city centre incident

Three people were killed on Tuesday, June 13, in the city centre

Windows Central

Frostpunk 2 drops a frosty new trailer at the PC Gaming Show

11 Bit Studios showed off a fresh new CGI trailer for their frozen apocalyptic city builder, Frostpunk 2.

The Independent UK

City fans to take over Manchester during open-top bus parade

Man City won the Champions League final against Inter Milan on Saturday to complete the treble.

Chicago Sun-Times

City again delays moving migrants from shuttered YMCA to Daley College

Mayor Brandon Johnson’s administration has been unclear about the reasoning behind the transfer, and has even kept a local City Council member in the dark about the plan.

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Manchester Evening News

Man City fans party until sunrise in Istanbul after Champions League final

Man City emerged from the Champions League final victorious on Saturday night, besting Inter Milan courtesy of Rodri's second-half strike.

Evening Standard

Ecstatic City fans celebrate in Istanbul after Champions League win

Supporters said even the locals got involved after the victory over Inter Milan

The Independent UK

City boss sentenced to 14 years’ imprisonment over £70m Ponzi-style scam

Constantinou denied wrongdoing but was found guilty of one count of fraud, two counts of fraudulent trading and four counts of money laundering.

Evening Standard

Workers will come back to the office if train companies can make their commute a little less miserable

City Comment: It is now up to the train companies to raise their game

Reason

A City Banned Pride Month–Themed Library Displays. Then It Threatened Employees Who Criticized the Decision.

After officials in Orem, Utah, banned “heritage month” displays in the public library, it threatened to discipline librarians who criticized the censorship.

Evening Standard

Latest floats are good news, but London’s IPO sector isn’t back yet

City Comment: Even two swallows do not make a summer

Evening Standard

M&G eyes further costs savings as City redundancies hit its target

Assets under management up £2 billion, driven by UK investors despite ‘mini-Budget crisis’ in September

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