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The Latest Breaking News from City

Top-level City executives expect London dealmaking rebound according to KPMG survey

Big-hitters from Goldman Sachs to HSBC keep faith with City's ability to attract initial public offerings

Evening Standard

Crumbling justice: Pedestrian hospitalised after masonry falls from historic Old Bailey court entrance

Incident comes amid 'not insignificant' maintenance backlog for historic buildings in the City

Evening Standard

Investor spend on central London offices plunges amid high interest rates and "evolving" workspace use

Provisional data estimates purchases of City and West End offices totalled £6.9 billion in 2023

Evening Standard

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The Standard’s share tips — how did we do in 2023?

If you’d bought the City desk's 2023 portfolio, you would have finished the year up almost 20% — and beaten most of the City's top-paid stock pickers

Evening Standard

Superdry reportedly sues Manchester City over ‘confusing’ training kit sponsor

The clothing brand has filed an ‘injunction to restrain’ against the Premier League champions

The Independent UK

FTSE 100 LIVE: Next shares surge after festive upgrade, JD Sports tumbles on profit warning

High street giant Next delighted the City today by revealing a Christmas trading performance well ahead of expectations.

Evening Standard

HSBC-backed London fintech Monese warns on its future after losses widen

The scale of the cash crunch facing London’s tech sector has been laid bare after City-based unicorn Monese warned that its future was under threat unless it could raise additional funds.

Evening Standard

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City taps $95M in federal COVID-19 relief funds for migrant housing costs

Mayor Johnson’s top aides acknowledged that an accounting shift made possible by a budget surplus won’t move the needle in a crisis pushing city resources to the limit.

Chicago Sun-Times

London Ulez averts more air pollution than that caused by capital’s airports, report shows

Air quality improvements 2019-2022 from lowering vehicle emissions came even before scheme’s expansion to whole of city

The Guardian - UK

The Guardian view on globalisation: the world system risks undoing itself

Editorial: Over the holidays, this column will explore next year’s urgent issues. Today we look at how the past helps us understand the dollar’s power and pitfalls

The Guardian - UK

George Osborne to collect share of £28m payout for work at City advisory firm

The former chancellor is one of four partners at Robey Warshaw, which did not specify how much he would collect

The Guardian - UK

Bank of England governor Andrew Bailey's early Christmas present to the City

Picture the scene: Threadneedle Street, in the heart of the Square Mile, a bowler hat’s throw away from several of City Spy’s best-capitalised pubs and bars.

Evening Standard

Los Angeles Orders More Residential Hotels to Stop Renting to Tourists

Twenty-one hotels have been cited so far. If the citations are enforced and upheld in court, hundreds of rooms could be turned back into low-cost permanent housing for the city’s poorest residents.

Capital & Main

UK and Switzerland agree to deepen ties between City and Swiss banking system

Treasury says post-Brexit tie-up to be signed on Thursday will ease cross-border market access for financial services

The Guardian - UK

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Evening Standard

Former Quaglino's boss to open major new City restaurant at the Royal Exchange

Des Gunewardena to make return to London restaurant scene next Spring

The Independent UK

City boy chic or crime of fashion: what’s the deal with Rishi Sunak’s suits?

The prime minister is one half of a couple rumoured to be worth £529m, so why does he dress like he’s auditioning to be on a 2005 NME Awards tour? Katie Rosseinsky talks to experts about Sunak’s style of suit

Evening Standard

Interest rate cut hopes have the City in party mood, but beware of inflation hangover

City Comment: The inflation genie is not yet fully back in the bottle

The Guardian - UK

Aviva has acted to sack male employees for inappropriate behaviour, says boss

Amanda Blanc also tells sexism in the City inquiry of ‘appalling’ accounts of harassment of women across financial services sector

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Evening Standard

Rents for top quality West End and City offices forecast to rise in 2024

Rents for the capital's greenest and most high end offices have climbed over the last five years, by more than a quarter for some space in the West End, and further growth is predicted in 2024 according to a new forecast.

Evening Standard

Interest rates to plunge in 2024 after GDP falls, City markets suggest

Market pricing is now pointing to a first cut as soon as May

The Guardian - UK

Scale of bullying and harassment of women in City ‘shocks and alarms’ MPs

Cross-party Treasury committee says its private hearings suggest there has been no improvement in 20 years

The Independent UK

Battle over creating new court centers on equality in Mississippi's majority-Black capital city

Constitutional rights are at the center of a legal fight over a state-run court in part of Mississippi’s majority-Black capital city of Jackson

The Independent UK

The 5 best things to do in Valencia, from beach hopping to exploring by bike

From an ultra-modern science and art complex to space surrounded by nature, here’s what not to miss on a visit to Spain’s third-largest city

Evening Standard

City eyes Bank of England vote split for rate cut timing clues

Any shift on the Monetary Policy Committee toward a call for a rate cut will affect the outlook for timing of the first move down

Evening Standard

The City to open its first office in the United States

It has not been decided whether the office will be in New York or Washington and it is not likely to open until 2025

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