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The Latest Breaking News from City

Kwasi Kwarteng assures City of support for Bank of England independence

New chancellor promises City bosses ‘radical’ plan for economic growth and smooths over Truss’s threat to review Bank’s remit

The Guardian - UK · Sep 7, 2022

Downing Street’s energy bill may reach almost £200 billion say City experts

Economists across the square mile are working out how much the price freeze will cost the government

Evening Standard · Sep 7, 2022

City veteran steps down as CEO of Winterflood

Philip Yarrow is leaving the famous Cannon Street brokerage and will be replaced by company insider Bradley Dyer

Evening Standard · Sep 5, 2022

From analysis to the latest developments in health,
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Revealed: Worst big City funds have lost £10 billion

The ten worst performing big City funds have lost investors £10 billion since Christmas, the latest blow to the reputation of the active investment sector.

Evening Standard · Sep 2, 2022

Newlywed accused of groping student flying back from Hawaiian honeymoon cleared

Retrial finds City analyst not guilty of sexual assault

The Independent UK · Sep 1, 2022

City row as investors claim Phoenix being sold on the cheap to Swiss giant

A DAVID and Goliath City battle broke out today when minority shareholders in Phoenix Global Resources vowed to fight off a £200 million takeover deal from Mercuria, a Swiss commodity behemoth with sales of $130 billion a year.

Evening Standard · Sep 1, 2022

Newlywed groped student as he flew back from honeymoon in Hawaii, court hears

City trader Robert Van Den Bergh allegedly stroked the woman’s thigh for up to two hours

The Independent UK · Aug 31, 2022

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Kochi police chalk out strict traffic regulations, parking restrictions ahead of PM Modi’s visit

Police have thrown a security blanket over the City ahead of the Prime Minister’s visit

The Hindu · Aug 31, 2022

Spike in credit card borrowing adds to City fears and market jitters over UK economy

Pound falls as Bank of England figures show people are leaning on their credit cards as the economy slows

Evening Standard · Aug 30, 2022

City workers fear job cuts as trades dry up

City Comment: Brace for Bonfire of the Bankers

Evening Standard · Aug 30, 2022

There’s no need for a national debt, now or in indy Scotland

THE City of London is home to many useful and responsible financial institutions. But this respectable facade also conceals a host of less savoury…

The National (Scotland) · Aug 27, 2022

City regulators clear HBOS ex-bosses of misconduct over bank’s near-collapse

Watchdogs say six-year investigation had determined no grounds for action against unnamed individuals

The Guardian - UK · Aug 26, 2022

Ex-San Francisco official sentenced to 7 years in prison

San Francisco’s former public works director was sentenced Thursday to seven years in prison for steering public contracts and taking pricey gifts in a corruption case that ensnared several City Hall officials and insiders

The Independent UK · Aug 26, 2022

Bank of England may be forced to raise interest rates to 4% in 2023

City traders bet central bank will more than double cost of borrowing to combat soaring inflation

The Guardian - UK · Aug 23, 2022

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Chronicle Live · Aug 23, 2022

Newcastle injury latest with updates on five players as Eddie Howe plans for Carabao Cup tie

Newcastle United begin their Carabao Cup campaign with a midweek trip to Tranmere Rovers and Eddie Howe will likely make changes from the side which drew against Manchester City

Evening Standard · Aug 22, 2022

Best restaurants near St Paul’s Cathedral, from Bleecker to Bread Street Kitchen

Starving in the City? Ben McCormack on the top spots for a bite to eat, from one of the capital’s burgers to a historic slice of Victorian London

Evening Standard · Aug 19, 2022

Citigroup hit with £12.6 million fine by main City market watchdog

FCA finds the bank failed to reach requirements on surveillance to identify market abuse

Evening Standard · Aug 19, 2022

I’ve learned how to stop feeling jaded by thrilling London

One of the purest pleasures of long-term London life is the way the city imperceptibly shifts through the eyes of your guests. There really is no sharper reminder of what a romantic, thrilling place you call home as looking at London vicariously anew, through a visitor’s gaze.

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The Guardian - UK · Aug 18, 2022

Dining across the divide: ‘She thinks we should have cycle lanes everywhere – even in the countryside’

He’s a City worker who sees benefits to Brexit; she’s a student nurse who thinks it was an excuse to rip up protections. Can they agree on cycling?

Evening Standard · Aug 11, 2022

Homes for £500,000 or less in every London borough — from compact City flats to entire Victorian houses

A London home now costs just over £526,000 on average. But there are treasures to be found for that amount or less — from a compact City pad to an entire Victorian terrace house.

The Conversation · Aug 10, 2022

Higher electricity connection fees in South Africa? A good, and necessary, next step

There’s been outrage from some quarters in South Africa about reports that the power utility Eskom and some municipalities intend to increase the connection fee for electricity users who also generate their own power.

Evening Standard · Aug 10, 2022

City office ‘bants’ must become a thing of the past

Survey from industry body CISI says staff do not want fellow colleagues to cross the line

The Guardian - UK · Aug 7, 2022

City workers get double-digit wage rises while lowest-paid see 1% increase

Report finds ‘tale of two labour markets’ as workers in London’s financial district enjoy inflation-busting increases

Tribune News Service · Aug 4, 2022

Ex-Brooklyn Center police chief sues city over resignation after Daunte Wright shooting

MINNEAPOLIS — Ex-Brooklyn Center Police Chief Tim Gannon has sued city officials, alleging that he was forced to resign for his refusal to immediately fire the police officer who shot and killed Daunte Wright during an April 2021 traffic stop.

Asharq Al-Awsat · Aug 2, 2022

World’s First Nonprofit City Lies in Saudi Arabia’s ‘Mishraq’

Following the big unveiling of the world’s first nonprofit city in Riyadh on November 14, the Prince Mohammed bin Salman Nonprofit City announced that construction had kicked off at its first zone, “Al Mishraq”. What is ‘Al Mishraq’? Al Mishraq will be the second largest zone in the city, and…

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