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The Latest Breaking News from City

Rachel Reeves can end the London exodus and unleash the City

In the latest in our London Unleashed series Peel Hunt’s Charles Hall outlines how the City can be revived

Evening Standard

Voices: If AI kills off entry-level jobs, can the City survive?

COMMENT : Artificial intelligence has wiped out more than a quarter of all graduate, intern and junior positions in Britain’s financial sector – but the long-term consequences could be a death knell for a sector that traditionally teaches its new intake the skills needed to last an entire career, says…

The Independent UK

The City's lengthy IPO drought worsens in first half

But UK M&A activity has picked up with more than $160 billion of deals

Evening Standard

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The first Tesla just drove itself from its factory straight to the customer

An Austin official told Fortune it had no choice in the matter: “The City does not have the authority to regulate these vehicles.”

Fortune

GOP Congressman Calls for NYC Mayoral Candidate's Deportation With 'Islamophobic' Rant

A Republican congressman called for the Democratic socialist candidate who won the New York City mayoral primary to be deported, claiming he was a "communist."

Latin Times

Billionaire Begs for New Candidate to Challenge Socialist NYC Mayoral Candidate, Promising Funding: 'Save Our City'

Bill Ackman pledged to fund a new candidate's campaign, claiming Zohran Mamdani's socialist platform would be "disastrous" for New York City.

Latin Times

Barbican residents oppose 'oversized' City office development next to listed arts complex

Developers say the scheme will provide a much needed public plaza next to the Barbican’s Silk Street entrance

Evening Standard

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Why it’s time to unshackle London and let it boom again

The rich are fleeing, the City is haemorrhaging listings — and it’s down to years of political neglect

Evening Standard

Fraudulent City boss ordered to pay back £64 million

Anthony Constantinou splashed millions of pounds of investors’ money on luxury items for himself.

Evening Standard

BoE leaves interest rates on hold at 4.25%

Decision was expected in the City where analysts predict the next cut will be in August

Evening Standard

Losses widen for City banker Peel Hunt amid dearth of UK stock market listings

The company said there were historically low levels of equity capital markets activity in the UK over the past year.

Evening Standard

The City wanted Labour to succeed, but the goodwill has been rapidly squandered

London IPOs have dried up and the rate of delistings has accelerated alarmingly

Evening Standard

Sadiq Khan said to be furious over lack of spending review cash for London

City hall source says it would be unacceptable if there were no major infrastructure projects for capital

The Guardian - UK

City watchdog to lift ban on some crypto-linked investments for consumers

The Financial Conduct Authority said it was proposing to allow retail investors to access crypto exchange-traded notes (ETNs).

Evening Standard

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Evening Standard

Fintech giant wise to switch its main share listing to the US in major blow for the City

Wise was the largest tech listing in the UK when it was valued at almost £9 billion after its 2021 stock market debut

The Guardian - UK

Starmer says Farage would spook the City and give us Truss 2 – he could be right

It is not the cryptocurrencies message that is raising eyebrows, it is Reform’s broader tax and spending policies

Evening Standard

Finsbury Circus Gardens: City of London's largest green space officially reopens to the public

For much of past decade Finsbury Circus Gardens has been closed to the public to be used by Crossrail to build the Liverpool Street Elizabeth Line station

The Guardian - UK

‘We trusted them’: East End fishmongers take on the City to save ancient markets

Campaigners say permanent closure of Smithfield and Billingsgate will affect livelihoods and limit access to quality produce

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Evening Standard

City's Lord Mayor targets tariff-hit countries in new global 'charm offensive'

London has ‘once in a decade’ to attract business from countries threatened by Trump’s trade barriers

The Independent UK

London Underground live: Commuters face rush-hour chaos after several lines suspended in power cut

Services are suspended on the Northern, Bakerloo, Jubilee and Waterloo & City lines

Evening Standard

New skyscraper wears the crown in City tower race for space

The building will replace Fountain House built on a bomb site in 1958

Evening Standard

The only way is up: Secrets of the City’s skyscraper boom

Despite the hybrid working revolution, the race for space in the Square Mile shows no sign of slowing down

Evening Standard

Viral M&S shoplifter jailed and banned from City of London for five years

Duane Moss repeatedly targeted the same M&S Food store on High Holborn.

Evening Standard

Planned City skyscraper is threat to ancient burial ground and Tower of London, warn heritage groups

Historic England has objected to the proposed redevelopment at 63 St Mary Axe in the City of London

The Guardian - UK

Meta slowest to remove scam content, says City watchdog

FCA says Instagram and Facebook owner takes up to six weeks to act on warnings about finfluencer posts

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