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The Latest Breaking News from City

City minister summons UK bank bosses to discuss Farage account closure

Andrew Griffith raises ‘significant concern’ after Coutts judged ex-Ukip leader ‘did not align’ with its values

The Guardian - UK

55 Bishopsgate: New 935-feet skyscraper to join City of London skyline after tower approved by planners

63 storey tower costing £600m could join London skyline by 2029

Evening Standard

Coutts’ grandees were fools to part with Nigel Farage’s money

City Voices: Heads must roll at NatWest owned bank

Evening Standard

From analysis to the latest developments in health,
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55 Bishopsgate: New City skyscraper recommended for approval despite fears over St Paul’s views

Skyscraper at 55 Bishopsgate would be among tallest in London and the UK if approved

Evening Standard

Sunak, Braverman and City regulator wade into Farage banking row

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’

The Guardian - UK

Minnesota mayor faces pressure to resign or meet LGBTQ+ group's demands after his comments on Pride

Members of an LGBTQ+ advocacy group are calling on the mayor of a southern Minnesota city to either meet their demands or resign

The Independent UK

City fears of global slowdown mount as China’s rebound falters

Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week

Evening Standard

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MPs to grill top City firms on sexism in finance sector

The committee is today calling for evidence “on the barriers faced by women in financial services”.

Evening Standard

Dealmaking dearth and UK stock slowdown stokes fears over the City

London third in European IPO rankings behind Istanbul and Milan

Evening Standard

Parliament launches new inquiry into sexism and misogyny in the City

Treasury committee requests evidence from women in business to determine whether progress has been made since its 2018 investigation

The Guardian - UK

Tech companies block wage increase for New York City delivery workers

Doordash, GrubHub, Uber and Relay claim in lawsuits that the $17.96 per hour wage set to start on 12 July would deal blow to business

The Guardian - US

Things to know about a landslide that has destroyed homes in Southern California

Leaders of a Southern California city hit by a destructive landslide are planning to vote on a resolution to declare a local emergency

The Independent UK

Kalvin Phillips opens up on visiting father in prison and 'amazing' wish for his release

Manchester City and England midfielder Kalvin Phillips has opened up on his father’s stint in prison and has revealed what his plans are with him for when he is eventually released

Daily Mirror

Bank of England boss vows to ‘see the job through’ on reducing inflation

Andrew Bailey to give speech in City of London signalling further interest rate rises are in store

The Guardian - UK

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Evening Standard

City eyes Hunt reforms on pensions in Mansion House speech to boost London

Moves to make it easier for companies to raise money in London are expected tonight

Evening Standard

FTSE 100 Live: ‘UK inflation to fall markedly’, shares rally, City awaits Chancellor’s pension reforms

Thames Water has announced shareholders will put in a further £750 million as it continues to fight the threat of nationalisation.

Belfast Live

Belfast Half Edges Closer to Sell Out for 10 Year Celebration

It's set to be another sell out year for the 10th anniversary of the Mash Direct Belfast City Half Marathon

Wales Online

Every Championship transfer deal as Cardiff City and Swansea City get busy and Leeds United, Southampton and West Brom left standing

Cardiff City and Swansea City's rivals have had indifferent starts to their summer recruitment

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Belfast Live

Women's stories decorate interface dividing Derry estates in new peace project

The interface between Bishop Street and the Fountain estate in Derry city has been given a facelift

Evening Standard

Why are the kings of crypto setting up shop in London?

If you thought the blockchain game was up, think again. With a raft of new rules for digital assets in the pipeline, Gavin Haynes examines the ways our city is sitting pretty as the future home of the crypto universe

Evening Standard

CMC dealt blow as finance chief quits to join rival

With CEO Lord Cruddas somewhat distracted by politics, some in the City may fear CMC lacks high-level leadership

The Independent UK

Banks recognise savers need more help accessing best rates, says City regulator

The Financial Conduct Authority said it had held a ‘constructive’ meeting with savings providers.

Evening Standard

Expect high electricity prices until 2030, says leading expert Cornwall Insight

Move toward electric heating and transport will lead to a surge in demand, keeping prices above 2022 levels

Evening Standard

Restore VAT-free shopping to let the capital thrive

City comment: The Treasury continues to insist VAT-free shopping plays only a minor role in London’s tourist appeal. But that’s not what they’re saying in Paris, Milan and Madrid

The Conversation

Why banks once flocked to Canary Wharf’s high-tech superstructures, but are now starting to return to the City

HSBC is moving its UK headquarters from Canary Wharf back into the City of London as it adjusts to the impact of hybrid work on its office space needs.

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