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The Latest Breaking News from City

Key points from Rachel Reeves’s Leeds reforms

The measures include reforming key banking rules, cutting red tape in the City, and encouraging more retail investing.

Evening Standard

Biggest financial reforms ‘in a decade’ to bring risk-taking back into City

Changes include reforming the bank ring-fencing regime and reducing burdensome regulation in the City.

Evening Standard

Gordon Ramsay seeks 24 hour licence for his Lucky Cat skyscraper restaurant in the City

Chef says the restaurant will be able to serve City workers “that deal with clients from different time zones”

Evening Standard

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The Pros and Cons of Courts Throughout The City in NBA 2K25

As is so often the case with sprawling urban centers bustling with things to do (and buy), The City in NBA 2K25 can be an overwhelming place to explore. Hidden amongst the myriad of shops enticing you to purchase everything from clothing to tattoos to vehicles, you might be surprised…

Operation Sports

Ministers in talks with City over climate finance for disaster-hit nations

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

The Independent UK

London borough that doubled 20mph zones shoots up league table of best places in capital to walk and cycle

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

Evening Standard

Voices: Is London’s stock market in crisis?

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

The Independent UK

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Rachel Reeves year in review: Chancellor's 2025 is no cause for celebration

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

Evening Standard

Cyclists 10 times more likely than motorists to be fined for jumping red lights in City of London

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

Evening Standard

Bernie Sanders Declares It's Citizens Versus Billionaire Donors As Bill Ackman And Co. Open Their Wallets To Take Down Zohran Mamdani

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.

Benzinga

California Law Stops City from Flying World Flag Above U.S. and California Flag

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

Reason

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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Fortune

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.”

Latin Times

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.

Evening Standard

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

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Evening Standard

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

The Guardian - UK

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

Evening Standard

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).

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