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The Latest Breaking News from City

Hopes of City dealmaking rebound as FTSE 100 packaging firm gets 'preliminary' mega-merger approach

The announcement comes just a day after a huge housebuilding takeover was announced, and would eclipse that deal in size

Evening Standard

Soames shows the Churchill spirit needed to rescue the CBI

City Comment: Restoring the business lobby group’s reputation is a long and arduous road

Evening Standard

High-flying City financier high on cocaine before mystery Chelsea death fall

Christopher Coe was high on cocaine when he fell to his death from the top of the Chelsea apartment block where he lived

Evening Standard

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'Not fit for purpose': City Police Station staff moved out

Water damage forces staff to move for the 'foreseeable future'.

The Canberra Times

City job cuts are here, but the Square Mile will evolve once again

City Comment: The P45s will be flying this year but the shake-out is unlikely to harm London’s long-term prospects

Evening Standard

UBS aims for higher cost cuts increasing City job fears at Credit Suisse

UBS dramatically increased the cost cuts it expects to make from merging with Credit Suisse today, increasing fears that City job losses will be even worse than first planned.

Evening Standard

CMC to cull 200 as fears mount of City jobs axe

Growing fears of a mass City jobs cull rose today when spread betting house CMC Markets said it would axe 200 jobs -- 17% of its headcount. Replicated across the Square Mile that would be tens of thousands of jobs.

Evening Standard

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Conflict of interest row greets new boss of watchdog for City regulators

Campaigners criticise Rachel Kent’s decision to remain part-time partner at law firm advising finance clients and UK government

The Guardian - UK

Labour mustn’t be starry eyed about its whirlwind romance with big business and the City

Like bees to a honey pot, corporate Britain is swarming in the direction of power

The Guardian - UK

Make way for new offices — London has enough ugly bits to knock down

City Comment: Ceaseless reinvention is a key part of what make London such a compelling world city

Evening Standard

The demise of home working has triggered a new race for office space in London

A shortage of new and refurbished buildings is leading to higher office rents in the City and West End, says Knight Frank report

Evening Standard

Bank of England leaves interest rates on hold at 5.25%

City forecasters do not expect the first cut in the cost of borrowing until May or June

Evening Standard

Is Suicide Squad Kill the Justice League canon to Arkham?

Is the Suicide Squad game a sequel to Arkham Knight, City and Asylum?

GamesRadar

Labour makes surprise 25% corporation tax pledge in new City charm offensive

Party also vows to get more women into boardrooms, saying financial services can't thrive by 'ignoring the talents of half of the workforce'

Evening Standard

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International Business Times

Flutter Eyes US Listing Switch In New Post-Brexit Blow

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

Evening Standard

HSBC hit with huge fine by watchdog over customer deposits

HSBC suffered another serious blow to its reputation today when it was whacked with one of the heaviest fines ever handed out by the City regulator.

Evening Standard

Battle for the heart of the City: bankers say the LSEG is failing London

Shake up needed at the heart of the City, say bankers

Evening Standard

City of London police seize five illegal 'souped-up' e-bikes and scooters every week

The bikes are essentially turned into motorbikes

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The Hindu

Gujarat International Finance Tec-City | Waiting to be Mumbai

GIFT City, located along the Sabarmati river in Gujarat, aims to become a hyper-modern and hyper-connected financial hub.

The Guardian - UK

Labour to unveil plans for City at forthcoming business conference

Exclusive: more than 500 bosses from finance world will be in attendance at sold-out event in London

Top News

The Radiance of Storm Reid: A Captivating Blend of Glamour

Discover the mesmerizing allure of Storm Reid, as she captivates with her elegance and charm amidst the dazzling city lights. Embodying both glamour and gr...

Evening Standard

London regains sole top spot in ranking of global financial centres

City of London Corporation's own study puts the capital back ahead after tie with New York last year

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

The Guardian - UK

‘The key thing is to have a plan’: the former City watchdog now helping to guide Keir Starmer

Charles Randell, ex-chair of the Financial Conduct Authority, cut his teeth helping the Treasury fight the financial crisis and is now a Labour election policy adviser

The Guardian - UK

Sexual harassment in City has shifted from office to work trips, MPs told

Despite #MeToo movement bringing about some change, sexism in financial sector has become more ‘underhand and pernicious’, women tell inquiry

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