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The Latest Breaking News from City of London Corporation

City of London corporation suspends CBI membership after sexual misconduct scandal

The City of London corporation has formally suspended its membership with the Confederation of British Industry (CBI) in the wake of sexual misconduct allegations.

Evening Standard

Major transport link at Bank Junction to close permanently with buses re-routed

Part of Queen Victoria Street is closing to motorists on Monday

Evening Standard

Lights in City of London’s skyscrapers could be switched off to save energy

Future developers will need a detailed light strategy under draft plans

Evening Standard

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City of London proposing to make skyscrapers dim their lights at night

Plans for Square Mile would create ‘brightness zones’ governed by curfews amid the darkened buildings

The Guardian - UK

City of London to revamp traffic system in latest phase of Bank Junction work

The All Change At Bank project is part of an upgrade of Bank station on one of the capital’s busiest junctions

Evening Standard

Tower Bridge and Smithfield among London landmarks to be powered by solar panels in Dorset farmland

More than 91,000 solar panels erected in £40m deal between the City of London Corporation and French energy firm Voltalia

Evening Standard

London’s historically upper and middle-class finance industry told it has to source half its leaders from lower socio-economic backgrounds by 2030

Some companies within the sector define employees as working class if they have a parent who held a “routine or manual” job such as a bus driver or a cleaner.

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Smithfield and Billingsgate markets are leaving central London for Dagenham

The City of London Corporation has approved plans to move the historic meat and fish markets far out east

Evening Standard

Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Lloyds Banking Group and NatWest saw shares rise by about 1.5% after the Treasury confirmed that the tax on banks’ profits would be cut from April.

The Independent UK

Harry Kane ‘proud and grateful’ to be awarded Freedom of the City of London

The striker will receive the honour at a ceremony in January.

The Independent UK

Millionaire parks on double-yellow lines instead of finding parking

Luke says the 'VIP parking spots' are a life hack after racking up more than 100 fines

Wales Online

Young millionaire, 27, brags he uses double-yellow lines like 'VIP parking spots'

Luke Desmaris, 27, claims he earns more than £100,000 per month through stick trading and says he prefers to 'save time' on finding a regular spot

Daily Mirror

Touching the void: Barbican tower site for sale for £3.5m with permission for spectacular home conversion

A rare opportunity has come up to stamp your authority on a long-vacant, soaring Barbican space

Evening Standard

‘She offered an island of certainty and continuity’: the Queen and the City

London’s finance hub has changed enormously in 70 years, but royal relationship is woven into its fabric

The Guardian - UK

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Financial Times

Can a city be redesigned for the new world of work?

Post-pandemic there is an opportunity to reimagine our urban areas as spaces alive both day and night, at work and at play

Evening Standard

Square Mile to transform for open air street festival

The Square Mile will be transformed into an open air festival as part of the city’s bid to become a cultural destination to rival the south bank.

Evening Standard

New financial district “head of fun” charged with making The City less of a “Square” Mile

New West End Company marketing chief moves east to lead “Destination City” initiative

The Independent UK

City of London urged to reconsider plans to demolish historic Barbican buildings

The City of London Corporation has submitted plans to demolish Bastion House and the Museum of London.

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The Guardian - UK

City scheme aims to close financial sector’s class pay gap

Progress Together hopes to improve pay and progress for less privileged people who earn on average £17,500 less than colleagues

Evening Standard

Bank junction: Immediate review of weekday traffic ban ordered by City of London

The City of London Corporation is to consider ‘all options’ as it reviews the restrictions that only allow buses and cyclists to cross the junction between 7am-7pm between Monday and Friday

Evening Standard

Black cabs could be allowed back into Bank junction during weekdays

At least 45 members of the City of London Corporation have signed a motion calling for black cabs to regain access to the area ‘at all times’

Daily Mirror

Couple pick one-bed flat on housing estate over large country home with swimming pool

Miranda Quigley, 54, and her husband moved into a one-bed one-bathroom flat in the Barbican in September, leaving behind their Hertfordshire family home - which boasts stunning features including a swimming pool and massive garden

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