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The Latest Breaking News from City

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

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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

Army man allegedly confined cheating girlfriend in car after assault

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

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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

Evening Standard

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…

France 24

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

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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

The Guardian - UK

MPs call for crackdown on NDAs after bullying inquiry in UK financial sector

Recommendation to ban non-disclosure agreements comes as report uncovers ‘shocking’ prevalence of sexual harassment

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Evening Standard

Sexism in the City 'still rife' as MPs report that reform is moving at 'snail's pace'

Banking needs tough legislation to stop sexual harassment

Evening Standard

The London Stock Exchange's crisis is only getting worse

City Comment: Chief executives are losing faith in the City

The Guardian - UK

UK housebuilding slump eases; Treasury to regulate ESG ratings – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Why now is a golden moment to act on London office investment

The City is expected to outperform all other European office markets over the next five years for total returns

Evening Standard

Women are never quite the right age for promotion

City Voices: If Parliament and the Financial Conduct Authority take this seriously, there is a chance of genuine progressive change that will make workplaces better for everyone.

Evening Standard

Sexism and the City: Women speak out

Some of the women who gave evidence to the Treasury Select Committee and prefer to remain anonymous say they don’t wish to be defined by complaints about sexism given that they built successful careers despite it.

Evening Standard

Sexism and the City: MPs to release scathing report on culture of the Square Mile

A powerful Commons committee is poised to reveal the findings of a six-month investigation into sexism in the City which is likely to be scathing about the culture that still exists at major financial institutions.

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