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The Latest Breaking News from City

Industry season two, episode six recap – there’s zero point trying to understand the City speak

Even the show’s characters muddle their terminology amid this week’s complex short-sell action. Luckily, something else emerges that’s even more important than profits – family

The Guardian - UK

Is the Bank of England on a “collision course” with Rishi Sunak?

City Comment: The Bank is politically independent, but not independent of politics

Evening Standard

The men exonerated in the Malcolm X killing will receive $36 million

The city and state of New York agreed to pay $36 million to two men who were exonerated for the 1965 assassination of Malcolm X after wrongful convictions led to both men spending decades behind bars.

WEKU

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UK's best and worst airports ranked including Manchester and Heathrow

A Which? survey has condemned airports including Manchester and Heathrow, while praising London City and Doncaster Sheffield for the wait times and excellent customer service

Daily Mirror

Shortest-serving PM Liz Truss 'enjoying a well-deserved break', says close ally

Therese Coffey made the remarks amid claims the former Prime Minister was told by officials her disastrous economic plans could leave the City reduced to '"rubble"

Daily Mirror

Liverpool boss Jurgen Klopp escapes touchline ban for Manchester City red card

The German has been fined £30,000 over the incident.

The Independent UK

FA confirm Jurgen Klopp punishment after Liverpool boss sent off against Man City

Jurgen Klopp was given a red card on the touchline during Liverpool's 1-0 win against Manchester City at Anfield

Liverpool Echo

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With Rishi Sunak, the City’s takeover of British politics is complete

For all the talk about the thinktanks of Tufton Street, it’s the Square Mile that truly rules Westminster, says Aeron Davis, professor of political communication at Victoria University

The Guardian - UK

Jurgen Klopp: Only Liverpool to blame for Nottingham Forest defeat

Steve Cooper’s side climbed off the bottom of the table after a 1-0 victory at the City Ground.

The Independent UK

‘All the chances they had, we gave them’: Jurgen Klopp cannot explain Liverpool loss to Nottingham Forest

The Reds followed up victory over champions Man City with a 1-0 loss at the City Ground thanks to Taiwo Awoniyi

The Independent UK

San Francisco mayor apologizes for saying 'a lot of' drug dealers are Honduran

San Francisco Mayor London Breed issued an apology Thursday for comments she made that linked Honduran immigrants to drug dealing in the city, which drew condemnation from Bay Area Latino organizations and community members.

Los Angeles Times

Bob Diamond’s Panmure launches takeover bid for struggling finnCap as City brokers feel the pinch

Deal for finnCap could be first of many tie-ups for struggling City brokers

Evening Standard

Erika D. Smith: 'I'm a Black woman, not a pawn.' The forgotten victim of LA's racist tape scandal

Heather Hutt, a longtime political staffer turned interim Los Angeles City Council member, was already disgusted listening to three colleagues and a prominent labor leader use racist language to justify their plot to hoard political power for Latinos.

Los Angeles Times

Racist audio leak has ‘tainted’ LA's redistricting maps. Now some want them scrapped

LOS ANGELES — For nearly a week, activists and elected officials have demanded the ouster of three Los Angeles City Council members, calling it the only acceptable response to secretly recorded audio of them engaged in a conversation with racist and derogatory language.

Los Angeles Times

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Evening Standard

Banker pay unchained: A bonus for the British economy?

City comment: Jeremy Hunt now has the chance to re-examine the disastrous mini-Budget. He should think twice before scrapping the banker bonus cap.

Los Angeles Times

Why redistricting is such a hot topic in the leaked LA City Council audio

LOS ANGELES — Unlike state lawmakers and Los Angeles County supervisors, members of the L.A. City Council have the power to draw the lines for the districts they represent. It's a power to decide not just which voters they will represent, but also which businesses, institutions, parks and other public…

Evening Standard

It’s not good for London if fine dining flees the City for suburbia

City Voices: Scott’s new restaurant in Richmond is a bad sign

The Guardian - UK

Premier League: 10 things to look out for this weekend

Liverpool face a daunting test against Manchester City, Brendan Rodgers is on the brink and Southampton seek to stop the rot

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The Guardian - UK

The Bank of England’s lifeboat is in choppy waters with its bond buying

Pensions hedging crisis shows how the City never seems equipped to handle the next big financial hazard

The Guardian - UK

‘One guy brandished a whip’ – bankers on Industry’s rampant sex, drugs and bullying culture

From the vitriolic abuse to the rife coke-snorting and toilet sex, how true to life is the hit banking drama Industry? Young City workers spill the beans

Manchester Evening News

Gary Neville gives Premier League title verdict amid Arsenal and Man City battle

Mikel Arteta's side sealed a stunning win over Liverpool to regain top spot in the Premier League from defending champions City.

Birmingham Post

Roof-top terrace creation brings bar plans forward for historic Hull city centre building

Restaurant and retail brought to renovated Grade II-listed Whitefriargate property

Evening Standard

How did gilts take us so close to catastrophe?

City Voices: What happens when the Bank’s support for the bond market ends?

Evening Standard

Slump in AIM floats spells strife for the City of London

THE alarming slump in activity on London’s moribund capital markets is laid bare today with figures showing AIM raised a paltry £3 million for fresh flotations in the last quarter.

The Guardian - UK

Liz Truss raised £500,000 for bid to be leader, register of interests reveals

More than half of the donations came from hedge fund bosses, venture capitalists and other City financiers

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