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The Latest Breaking News from City

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

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

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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

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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

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

Evening Standard

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

The Guardian - UK

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

Evening Standard

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’

The Guardian - UK

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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

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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

Reason

Georgia A.G. Drops Frivolous Money Laundering Charges Against Cop City Bail Fund

The three defendants remain under indictment for racketeering, along with 58 others.

Evening Standard

Fintech has transformed consumer finance; now Britain’s banks need to step up business banking

City Voices: London’s banks aren’t for the needs of modern business owners

International Business Times

Man City Brace For Inter Reunion As Akanji Fears 'Tough' Schedule

Manchester City are braced for their Champions League reunion with Inter Milan at the start of an expanded tournament that will be "so tough" for the 2023 winners.

The Guardian - UK

Financial leaders and party insiders warn Starmer: we need less gloom, more optimism

PM told his downbeat tone risks putting off investors and that his conference speech must temper realism with hope

The Independent UK

Malaga warns shirtless tourists to cover up amid overtourism row

Posters in the city also ask visitors to not be ‘conspicuous’ out in public

Evening Standard

Labour is losing the big investors it is desperate to court

City Comment: Time for a concession to optimism

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