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The Latest Breaking News from City

Bank battle: history suggests Burnham faces fight if he opts for windfall tax

As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households

The Guardian - UK

Man allegedly robbed department store in City, threatened staff with a pole

He left the store with three mobile phones, earphones and cases.

The Canberra Times

Gary Stevenson to quit YouTube channel, citing health concerns

Former City trader’s weekly Gary’s Economics videos took off during the Covid pandemic

The Guardian - UK

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President’s House in Philadelphia exhibits on slavery replaced with alleged sanitized version, despite city protests: ‘Under the cover of darkness’

“This is part of our history, and it should be in place the way it was.”

We Got This Covered

Andy Burnham’s got the City in his sights — what will Sadiq Khan do?

The incoming Prime Minister’s focus on the North risks weakening London — and the whole UK economy

Evening Standard

City watchdog attacks consumer group in £9.1bn car loan payout battle

FCA clashes with Consumer Voice, alleging lack of transparency and conflict of interest

The Guardian - UK

Curry, bagels … and AI? Londoners fight plan for huge datacentre in Brick Lane

Residents and council say creating affordable housing is more urgent than ‘high-frequency trading’ in nearby City

The Guardian - UK

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‘I’ve always used my voice online’: the rapid rise of photographer Misan Harriman – and what happened next

After a career as a City headhunter, Harriman took up photography eight years ago and became well known for his protest images. He was soon shooting the cover of Vogue and made chair of the Southbank Centre. How did he end up engulfed in controversy over his social media?

The Guardian - UK

Too hot to handle: how heatwaves are burning a hole in London’s economy

With sweltering temperatures damaging productivity and causing workers to avoid the city, a bump in iced latte sales won’t make up for the hit the capital is taking, writes Lucy Tobin

Evening Standard

"Who, It Is Fair to Ask, Is Retaliating Against Whom in This Situation?"

From Amacher v. City of Tullahoma, decided June 25 by the Sixth Circuit (opinion by Judge Jeffrey Sutton, joined by… The post "Who, It Is Fair to Ask, Is Retaliating Against Whom in This Situation?" appeared first on Reason.com.

Reason

Three U.S. House candidates that New York City Mayor Zohran Mamdani endorsed won their June 23 primaries

Welcome to the Thursday, June 25, 2026, Brew.

Ballotpedia

Brexit at 10: How Britain's financial sector recovered and evolved

Post-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some positions have relocated to the EU, the financial industry thrives on increasing interest rates and deregulation. Nevertheless, the UK's attractiveness to investors is diminishing, and forecasts indicate its economic productivity will fall…

The Economic Times

Dame Kelly Holmes awarded the Freedom of the City of London

The Olympic champion received the accolade ahead of attending a Pride event where she was the guest of honour

Evening Standard

Police ‘VAR’ targets bag snatchers stealing from World Cup fans in London pubs

The City of London Police have released footage of bag thieves as they warn against an influx of theft during the World Cup tournament

Evening Standard

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The Independent UK

Sadiq Khan takes on Trump and Vance as he launches £7m campaign to battle ‘scourge’ of disinformation about London

Mayor of London says city subjected to ‘unprecedented attack of lies and hatred’ on social media

The Guardian - UK

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdog

Evening Standard

City of London towers next to Barbican approved despite 1,000 objections

The approved One Silk Street scheme will see the current site replaced with a 20-storey block

The Guardian - UK

Aston Villa’s Ollie Watkins spoils Guardiola’s Manchester City leaving party

Pep Guardiola’s final game in charge of Manchester City ended with a loss as Ollie Watkins cancelled out Antoine Semenyo’s goal before scoring again for a 2-1 win for Aston Villa

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Evening Standard

Moment prolific shoplifter casually stuffs bottles of perfume into his pockets in central London

Paul Michael Whitehead was swiftly apprehended by police moments after stealing several bottles of perfume from a shop in the City of London

The Guardian - UK

Andy Burnham’s change in tack on fiscal rules and bond markets is understandable

Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investors

The Guardian - UK

Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator

Shares in Spire Healthcare jump after approach from Toscafund, founded by City figure known as ‘the Rottweiler’

Evening Standard

City regulator reviewing whether APRs help consumers understand borrowing costs

The Financial Conduct Authority said that to help people navigate their financial lives, it is asking for views on whether there is a better way.

The Guardian - UK

City firms bank on ‘Savvy Squirrel’ advertising campaign to push Britons towards investing

The campaign is part of government initiative to boost financial risk taking, amid fears UK growth is being stymied

Evening Standard

City watchdog faces legal action over £9.1bn car finance compensation scheme

Consumer Voice is to apply to the upper tribunal for a review of the scheme.

The Guardian - UK

City watchdog faces legal action over £9.1bn compensation scheme for car loan victims

Exclusive: Lawyers for group Consumer Voice notified FCA they are challenging redress scheme as inadequate

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