The Latest Breaking News from City

The Foreign Secretary has pledged £12 million from the Government’s tightened aid budget in a bid to enable faster payouts,

Newham, City of London and Islington praised - but Tower Hamlets, Lewisham and Bexley criticised

COMMENT: There’s already been a mass exodus of investors as they gravitate towards the welcoming arms of New York, writes James Moore. But further decline in IPOs could do untold damage to the UK market

City confidence in her is rock bottom — and Rachel Reeves’s high wire act is just one misstep away from a full blown financial crisis, says Jonathan Prynn

Crackdown on rogue bike riders as survey finds 52 per cent of London cyclists admit to failing to stop at traffic lights - but only one in six do it regularly

Sen. Bernie Sanders (I-VT) is calling out billionaire interference in New York City politics, warning that the mayoral race has become a battle over the soul of democracy. 

And the U.S. Constitution doesn't preclude this result.

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

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…

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

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