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The Latest Breaking News from City

Pennsylvania Court Lets Suit Over Removal of Columbus Statue Go Forward

Such a removal by the city from city property wouldn't violate the First Amendment, but that doesn't preclude claims that the removal violated other legal rules.

Reason

Barclays ups mortgage interest rates after this week's inflation disappointment

The 3.2% inflation figure led City traders to bet that rates may not be cut until the Autumn

Evening Standard

The new City Plan will be pivotal in moving London forward

City Voices: When picturing the world’s greatest cities, you immediately visualise their iconic buildings

Evening Standard

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All candidates for Winston-Salem City Council Northwest Ward complete Ballotpedia’s Candidate Connection survey

Both of the candidates running in the Nov. 5, 2024, general election for Winston-Salem City Council Northwest Ward — Regina Ford Hall (D) and Jimmy Hodson (R) — completed Ballotpedia’s Candidate Connection survey. These survey responses allow voters to hear directly from candidates about what motivates them to run for office.

Ballotpedia

London's highest wedding venue opens at top of City skyscraper

The space at 22 Bishopsgate can accommodate up to 500 guests

Evening Standard

Six Nations private equity co-owner CVC unveils €15bn Amsterdam float plans — while London IPO drought goes on

Mainland Europe’s IPO markets have rebounded more quickly than the City’s this year

Evening Standard

There’s finally some optimism in the City. Will it last?

City Comment: Next week is a big one. Will we see more good news, or will inflation, jobs and retail data kill the mood?

Evening Standard

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Questions rise over Goldman's ability to promote top women bankers

City Comment: The latest Government data shows Goldman at the top — or bottom depending on your perspective — of the banking pay gap league table

Evening Standard

The Guardian view on Labour and the tax gap: a £5bn question for a coterie of insiders

Editorial: Among the party’s experts on tax avoidance is a former City lawyer who wrote that ‘taxation is legalised extortion’

The Guardian - UK

Los Mochis, London City: First look at the restaurant set to be summer 2024's hottest rooftop

The new site is promising panoramic views, a 3am close on the weekends, and room for 420 diners and drinkers

Evening Standard

Pinkflation: Financial Times subscription price more than doubles for loyal readers

Spy’s faith in Fleet Street was severely tested this week by an email from the City’s nearest equivalent to the Bible. The paper edition of the FT flutters daily through the letterbox of Spy Towers, providing 20-odd pages of news, opinion and even the odd review.

Evening Standard

Scrapping the bonus cap has only widened the City’s gender inequality

City Comment: This year’s bonus round in the City was the first for a decade when bonuses were uncapped

Evening Standard

Morgan Stanley will not quit Canary Wharf as it signs new lease until 2038

Big-name tenants like HSBC, Clifford Chance and Moody’s recently announced plans to leave Canary Wharf for the City, but the US investment bank will not follow them

Evening Standard

FTSE SmallCap won't exist by 2028 if IPO drought continues, Peel Hunt warns

The City firm said the “hopper” was not being refilled at a time when lowly-valued stocks are increasingly being picked off by bidders

Evening Standard

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The Canberra Times

Army man allegedly confined cheating girlfriend in car after assault

He allegedly had a 'proprietary attitude', magistrate says.

Evening Standard

Fears over ‘uninvestable’ London stock market as more firms tipped to leave City

The City’s status as a leading financial centre is under threat, amid a huge gap in the value of similar companies in London and New York

Evening Standard

Nationwide's takeover of Virgin Money could be a disaster for the building society

City Comment: I hope I am wrong about this deal

Evening Standard

London's skyscraper boom: Scores of towering new high rises set to be built across capital

76 high-rise projects get the nod in just two years

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France 24

UN chief calls blocked aid for Gaza a 'moral outrage' on Rafah visit

United Nations Secretary-General Antonio Guterres visited Egypt's border with Gaza on Saturday to renew pleas for a ceasefire that could bring relief to a territory devastated by more than five months of war between Israel and Hamas. Health officials in the Hamas-run enclave said Israeli fire killed 19 people as…

Evening Standard

City traders up bets on Bank of England cutting interest rates in May

June is still seen as most likely, but a cut at the Bank of England’s very next meeting is now seen as a possibility

Evening Standard

Meet the City solicitor who runs Europe's only fine-dining kosher supper club, The Fire Place

Andrew Krausz has put his money where his mouth is by building a restaurant at the bottom of his garden. Ben McCormack meets the aviation lawyer turned kosher chef

Evening Standard

Shell CEO paid £7.9 million for 2023

Attention from campaign groups focused on executive pay while City eyes outlook for dividends

Evening Standard

TP ICAP defies City slowdown with record growth

There’s a dearth of fresh stock market listings and UK equities are in the doldrums, but City trading house TP ICAP is powering on.

The Guardian - UK

Labour says it will use state bank to fund female-led businesses

Shadow City minister Tulip Siddiq to reveal plan for target to end financial exclusion of women

The Guardian - UK

City financier Crispin Odey accused of rape in new civil lawsuit

Allegation against hedge fund manager emerges in high court documents as three new claimants come forward

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