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The Latest Breaking News from City

CMC to cull 200 as fears mount of City jobs axe

Growing fears of a mass City jobs cull rose today when spread betting house CMC Markets said it would axe 200 jobs -- 17% of its headcount. Replicated across the Square Mile that would be tens of thousands of jobs.

Evening Standard

Conflict of interest row greets new boss of watchdog for City regulators

Campaigners criticise Rachel Kent’s decision to remain part-time partner at law firm advising finance clients and UK government

The Guardian - UK

Labour mustn’t be starry eyed about its whirlwind romance with big business and the City

Like bees to a honey pot, corporate Britain is swarming in the direction of power

The Guardian - UK

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Make way for new offices — London has enough ugly bits to knock down

City Comment: Ceaseless reinvention is a key part of what make London such a compelling world city

Evening Standard

The demise of home working has triggered a new race for office space in London

A shortage of new and refurbished buildings is leading to higher office rents in the City and West End, says Knight Frank report

Evening Standard

Bank of England leaves interest rates on hold at 5.25%

City forecasters do not expect the first cut in the cost of borrowing until May or June

Evening Standard

Is Suicide Squad Kill the Justice League canon to Arkham?

Is the Suicide Squad game a sequel to Arkham Knight, City and Asylum?

GamesRadar

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Labour makes surprise 25% corporation tax pledge in new City charm offensive

Party also vows to get more women into boardrooms, saying financial services can't thrive by 'ignoring the talents of half of the workforce'

Evening Standard

Flutter Eyes US Listing Switch In New Post-Brexit Blow

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

International Business Times

HSBC hit with huge fine by watchdog over customer deposits

HSBC suffered another serious blow to its reputation today when it was whacked with one of the heaviest fines ever handed out by the City regulator.

Evening Standard

Battle for the heart of the City: bankers say the LSEG is failing London

Shake up needed at the heart of the City, say bankers

Evening Standard

City of London police seize five illegal 'souped-up' e-bikes and scooters every week

The bikes are essentially turned into motorbikes

Evening Standard

Gujarat International Finance Tec-City | Waiting to be Mumbai

GIFT City, located along the Sabarmati river in Gujarat, aims to become a hyper-modern and hyper-connected financial hub.

The Hindu

Labour to unveil plans for City at forthcoming business conference

Exclusive: more than 500 bosses from finance world will be in attendance at sold-out event in London

The Guardian - UK

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Top News

The Radiance of Storm Reid: A Captivating Blend of Glamour

Discover the mesmerizing allure of Storm Reid, as she captivates with her elegance and charm amidst the dazzling city lights. Embodying both glamour and gr...

Evening Standard

London regains sole top spot in ranking of global financial centres

City of London Corporation's own study puts the capital back ahead after tie with New York last year

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

The Guardian - UK

‘The key thing is to have a plan’: the former City watchdog now helping to guide Keir Starmer

Charles Randell, ex-chair of the Financial Conduct Authority, cut his teeth helping the Treasury fight the financial crisis and is now a Labour election policy adviser

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The Guardian - UK

Sexual harassment in City has shifted from office to work trips, MPs told

Despite #MeToo movement bringing about some change, sexism in financial sector has become more ‘underhand and pernicious’, women tell inquiry

Evening Standard

OPINION - The Standard View: Londoners deserve a proper race for mayor

The phoney war is over and the race for City Hall has begun in earnest. In little more than 100 days, Londoners will head to the polls with the effective choice between a third Sadiq Khan term or a first crack for his Tory rival, Susan Hall.

Evening Standard

Inflation takes centre stage as City braces for clues on Bank of England interest rate cut

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

Windows Central

Frostpunk 2 gets a new trailer, heads to Xbox Game Pass: Arctic air may be wreaking havoc, but 11 bit studios' first gameplay reveal depicts a city boiling over

11 bit studios has revealed the first gameplay trailer for the anticipated city management simulator, Frostpunk 2. This time, the player will need to save the inhabitants of the City from themselves.

Evening Standard

Top-level City executives expect London dealmaking rebound according to KPMG survey

Big-hitters from Goldman Sachs to HSBC keep faith with City's ability to attract initial public offerings

Evening Standard

Crumbling justice: Pedestrian hospitalised after masonry falls from historic Old Bailey court entrance

Incident comes amid 'not insignificant' maintenance backlog for historic buildings in the City

Evening Standard

Investor spend on central London offices plunges amid high interest rates and "evolving" workspace use

Provisional data estimates purchases of City and West End offices totalled £6.9 billion in 2023

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