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The Latest Breaking News from City

Survivor of financial abuse invited to advise ministers after Guardian report

City minister Lucy Rigby acts after woman faced repossession of house burned down by controlling husband

The Guardian - UK

Dramatic image reveals the forest of new skyscrapers that will transform City skyline by 2032

New office space equivalent to more than 10 Gherkins was approved by City planners last year

Evening Standard

£9.9bn takeover by US rival to end Schroders’ decades-long London listing

The City stalwart is being sold to Nuveen, bringing an end to its lengthy listing on the London Stock Exchange.

Evening Standard

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City stalwart Schroders bought by US investment firm in £9.9bn deal

Schroders was founded in 1804 and was one of few old City names to retain its independence

Evening Standard

London Stock Exchange HQ to undergo major refurbishment

A spokesperson for the group said the works ‘will create outstanding facilities for our people and our customers’ in the City

Evening Standard

Santander takes fresh swipe at City watchdog as its car loan scandal bill tops £460m

UK arm brands FCA’s compensation scheme ‘overreach’ as Spanish owner signs surprise $12bn takeover of Webster Bank in US

The Guardian - UK

A whiff of familiarity in Mandelson’s 2009 collusion with the banks

For Labour veterans of the financial crisis the Epstein files revealed a betrayal – but 16 years on, is the City calling the shots?

The Guardian - UK

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'Transformational': Liverpool Street station redevelopment gets glowing review from City planners

But the owners of the five-star Andaz hotel say the scale of likely disruption is ‘simply unmanageable’ and want scheme rejected

Evening Standard

Plans to convert Art Deco Ibex House into 382-room hotel approved by City of London council

Ibex House, the Grade II-listed building at 42–47 The Minories, will be transformed into a 382-key full-service hotel by developer Dominus

Evening Standard

Klepto capital: How London became a dirty money hub

Kleptocrats and fraudsters of the world have been washing their illicit billions in the city. Rachael Burford looks at how we can clean up our reputation as a global laundromat

Evening Standard

Liverpool Street redevelopment will cause 'decade of chaos' - as officials recommend approval

City Corporation sets February date for planning decision as campaigners warn UK’s busiest train station will be construction site for seven years

Evening Standard

Police swoop on prolific bag thieves targeting hotels in City of London

Undercover unit arrest four men - aged 33, 42, 45 and 56 - who remain in custody, a force spokesman said

Evening Standard

City minister accused of ignoring £2bn car finance tax loophole

Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandal

The Guardian - UK

Rock up to London: discovering stones and fossils from around the world on an urban geology tour

The city’s architecture travels through time and continents, incorporating everything from slabs of the Italian Alps to meteorites that hit southern Africa 2bn years ago

The Guardian - UK

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The Guardian - UK

European stock markets fall as Trump renews tariff threats; trade war would be a ‘wrecking ball’ for UK manufacturing, union says

Rolling coverage of the latest economic and financial news

The Independent UK

Rachel Reeves says UK listing rules ‘reinvigorating’ City amid hopes of revival

The Chancellor also set her hopes on the FTSE 100’s standout year encouraging more Britons to get investing.

The Guardian - UK

Why Rachel Reeves should give bankers more of a cold shoulder at Davos 2026

The chancellor has been cosseting City lenders to fuel economic growth but studies show UK plc would be better served by trying to keep them in check

Reason

Arkansas Case on Zoning Laws Being Used to Exclude Gun Shops

In yesterday's Arkansas Supreme Court decision in Eureka Gun & Pawn, LLC v. City of Eureka Springs, the majority dismissed… The post Arkansas Case on Zoning Laws Being Used to Exclude Gun Shops appeared first on Reason.com.

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Reason

Can't Afford To Visit New York City for Christmas? Blame the City Government.

The city has removed tens of thousands of rooms from the stock of short-term housing available to tourists while making it significantly harder to build and expand hotels.

Evening Standard

What a 6-metre sea-level rise would do to London's most iconic landmarks, as imagined by AI

These haunting images visualise London where climate change has raised the Thames by six metres, transforming the city’s historic heart into a serene, yet catastrophic, new Venice

Evening Standard

Designs for a stunning new public square next to St Paul's Cathedral get green light

The new Greyfriars Square in the City of London is planned to be 3,500 sq metres in size

Evening Standard

Smithfield and Billingsgate markets set to move to Royal Docks in 2028

The proposed new site of Albert Island is close to City Airport’s runway

PC Gamer

This Minecraft map that recreates one of history's most notorious slums made me reconsider what's important in 3D level design

Kowloon Walled City in Minecraft is a feat of virtual architecture, but it's missing one crucial ingredient.

Evening Standard

Phone snatching down 30% in Square Mile as City of London Police begin Christmas crime crackdown

Thousands of party-goers and Christmas market visitors are expected to flock to the City over the festive period

The Guardian - UK

UK borrowing costs fall after early release of budget forecasts – as it happened

OBR forecasts appear to show that chancellor has more than doubled her fiscal headroom to almost £22bn

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