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The Latest Breaking News from City

Summer sun coming for the economy says influential City forecast

EY Item Club says the outlook for growth is hotting up and predicts interest rates under 5% by the end of the year

Evening Standard

City recruitment giant Hays expects 'subdued summer' after election uncertainty hits its fees

City jobs firm says its ‘too early’ to ‘see a meaningful recovery’

Evening Standard

‘We needed change’: mixed feelings in City after Labour sweeps London

Party wins seat that includes financial district and much of central London for first time in its history

The Guardian - UK

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Quick steps to help the City and the Treasury

City Comment: Labour should go for it

Evening Standard

Markets left barely stirred by Labour’s thumping election win

The City is relaxed about a result that it expects to bring only modest change as the economic outlook improves

The Guardian - UK

Labour landslide may boost investment and confidence in UK, say City analysts

Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and Brexit

The Guardian - UK

'Trust me' with your money, Rachel Reeves tells voters across UK as July 4 polling day looms

EXCLUSIVE: Shadow Chancellor speaks to The Standard on tax, the City after Brexit and Heathrow expansion

Evening Standard

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Do we really want a Shein IPO?

City comment: Listing rules are there for a reason and should not be bent for anyone

Evening Standard

City of London fails to score a single £100 million office deal

London’s historic financial district is on the cusp of notching a grim record: the City’s office market has failed to register a single deal for more than £100 million in the first half of the year — the first time that’s happened in a quarter century.

Evening Standard

Could central London, headquarters of God and mammon, really be turning red?

The affluent constituency is home to Mayfair clubs, Soho theatres and City types – one of whom told me: ‘We need to pay more tax’, says Guardian columnist Polly Toynbee

The Guardian - UK

1 Undershaft: Tallest skyscraper in City of London set for go-ahead

Planning officers have recommended the 1 Undershaft office tower for approval

Evening Standard

'Expect further reductions': Barclays cuts mortgage rates in move likely to be followed by other lenders

The move follows an easing of swap rates in the City ahead of an expected Bank of England rate cut in August

Evening Standard

Sunak insists Starmer is the "biggest risk" for the City as he defends Tory record

PM’s comments came as attraction company London Tunnels said it has snubbed the City in favour of Amsterdam

Evening Standard

'Summer of Sport in the City' to bring sport games to Londoners during Olympics

Sporting events will be held in over 10 London locations

Evening Standard

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Evening Standard

FTSE 100 Live: Bank of England holds interest rates, shares higher, YouGov plummets, S&P tops 5500

Dealmaking action and the Bank of England interest rates decision provide much of today’s City interest.

Evening Standard

OPINION - Everyone hates City wide boys, but let's get real — Britain needs them

There is a new series of Industry coming up, which, as its name does not suggest, is a BBC series about goings-on in the City — or rather in a fictional investment bank, Pierrepoint. This paper billed it as Squid Game without the subtitles: bankers profiting from Covid, badly behaved…

Evening Standard

Why the City has much to gain from hiring ex-politicians

Just one in 10 UK’s financial boards have directors who have held office in government, compared to more than a fifth across Europe

Evening Standard

Archie Norman is right -- time to unleash our pension funds

City Comment: Pensions avoiding the stock market are starving the economy of capital

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Evening Standard

Next Government must be focused on growth, not tinkering

City Comment: It has been a long time since a prime minister was able to focus on a positive agenda for the country beyond endless and depressing rounds of austerity and fire-fighting

Evening Standard

Special Opportunities REIT: London's biggest IPO of 2024 falls through in fresh blow to City

London’s IPO market has been exceptionally weak this year, with Raspberry Pi’s successful float yesterday a rare exception

Evening Standard

City of London approves plan for Kingsway Tunnels underground attraction

The plans now need the go-ahead from neighbouring Camden Council

Evening Standard

FTSE 100 Live 11 June: Index closes down 1% amid surprise unemployment rise, high wage growth

The US interest rate outlook is today’s major focus amid a stronger session for European markets.

Evening Standard

Gardener's notebook: Celebrate London Open Gardens with sustainable gardening tips for both drought and rain

Explore the capital’s green spaces and apply these sustainability tips to your garden

Evening Standard

Nine reasons not to buy Shein shares

The impending Shein IPO has got the City excited. Some have gone as far as to proclaim that the flotation will revivify the London Stock Exchange. But will you invest?

Evening Standard

Phone snatch city: Victims' plea after surge in muggers on two wheels in London

Alarming increase in phone grabs by masked thugs riding bikes and e-scooters

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