The Latest Breaking News from City

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

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.”

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."

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

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

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