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The Latest Breaking News from City

Major new City shopping destination opens near Liverpool Street

Launch of Broadgate mall comes 40 years after Margaret Thatcher opened City development

Evening Standard

Top Earning Cities for Millennials Include Jersey City and Berkeley, Study Says

Across large U.S. cities, millennials earn an average of 8.8% more than the overall median household income, a new SmartAsset study found. But in some places, that gap is much wider, especially in cities like Jersey City, New Jersey, and Berkeley, California.

Benzinga

UK economic growth set to slump next year if income tax goes up, warns City forecaster

Research firm Morningstar slashes its GDP growth prediction from 1.5% to just 0.5% in 2026

Evening Standard

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read the most diverse news in one place.

Karoline Leavitt says New York is Trump’s ‘home’ despite being a registered voter in Florida

The president has threatened to withhold funding to New York City if Democratic mayoral candidate Zohran Mamdani is elected

The Independent UK

Flight cancellations hit airports as Trump administration cuts services over government shutdown: Live updates

More than 800 flights within, into or out of the U.S. have been canceled for Friday

The Independent UK

Primark owner ponders spin-off and separate listing in possible boost to City

Chief executive George Weston said the outcome of the review could mean spinning off Primark as a separately-listed entity in the UK.

Evening Standard

City watchdog ‘nakedly’ siding with lenders on car finance redress, MPs say

Cross-party group says Financial Conduct Authority had been ‘patently influenced’ by concerns over profits

The Guardian - UK

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‘The money machine is misfiring’: City blames Brexit for UK’s £20bn productivity headache

Poor output since the leave vote has landed Rachel Reeves with a bigger-than-forecast budget spending gap

The Guardian - UK

Another business bashing Budget from Reeves will kill City green shoots

The Chancellor must focus on attracting investment, which can only be achieved if sentiment is positive

Evening Standard

Fatty steaks and coffee with maple syrup: Erling Haaland lets us in on life at home

Manchester City forward shows he is a dab hand in the kitchen as he launches his YouTube channel

The Guardian - UK

Return of banker bonus bonanza fuels City pay boom as average hits £100,000

Abolition of banker bonus cap in 2023 has unleashed new six figure pay boom in the Square Mile

Evening Standard

The City must be protected from the malign threat posed by cyber crime

City of London Police coordinates the national response against fraud

Evening Standard

Rachel Reeves handed pre-Budget boost as inflation stays unchanged at 3.8%

Prices rose less steeply in September than the 4% that many City forecasters had feared

Evening Standard

Banks need stricter controls to prevent romance fraud, says City regulator

FCA cites study showing victims’ ‘red flags’ are often missed and calls for improved monitoring systems

The Guardian - UK

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The Independent UK

Gordon Ramsay to open up yet another London restaurant

The celebrity chef’s firm confirmed a new Bread Street Kitchen will launch in the first half of 2026

Evening Standard

Gordon Ramsay Restaurants to dish up another London site

The celebrity chef’s firm revealed it will launch a new Bread Street Kitchen in the first half of 2026 at the 22 Bishopsgate skyscraper in the City.

Evening Standard

Don't listen to the doomsters, London is the only city that rivals Silicon Valley on AI

Nowhere else brings together talent, world-class research, a thriving startup scene and deep financial muscle in the same way

The Guardian - UK

Car loan scandal victims may get average £700 payout from 14m loans, FCA says

City regulator unveils compensation scheme for motorists who bought cars via discretionary commission deals from 2007 to 2024

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Evening Standard

London's IPO recovery gathers pace as digital bank Shawbrook reveals listing plans

Announcement is latest of flurry of flotation plans that has breathed life into the City’s new issues market

Evening Standard

City’s AIM tops Europe’s junior market fundraising league tables despite IPO drought

City’s AIM tops Europe’s junior market fundraising league tables despite London’s IPO drought

Evening Standard

Thousands of phones seized from robbers in City of London summer crackdown on gangs 'profiting from misery'

Since July, City of London Police has managed to obtain 3,000 convicted handsets, which are estimated to be worth up to £4 million, as part of its ‘Safer City Streets’ campaign

Benzinga

Trump Says Zohran Mamdani Is Going To Have 'Problems' With Washington Because He Needs Money From Him, Sanders Calls It Extortion

President Donald Trump escalated the New York City mayoral race by suggesting he could block federal funding if progressive candidate Zohran Mamdani (D-N.Y.) is elected, drawing swift condemnation from Sen. Bernie Sanders (I-VT).

The Guardian - UK

FCA faces battle over £1m ad campaign rejecting car loan claims firms

City watchdog aims to tell drivers they will not need to use companies to apply for share of £18bn compensation scheme

Evening Standard

Cyclists who jump red lights in City of London could face higher fines

The City of London Police is exploring whether it can go beyond the £50 Fixed Penalty Notices currently issued for traffic offences

Reason

String-Instruments-Only City Rule for Restaurant's Outdoor Music Is Unconstitutional Content-Based Restriction

From Red, White & Booze, LLC v. City of St. Pete Beach, decided yesterday by Judge Kathryn Kimball Mizelle (M.D.… The post String-Instruments-Only City Rule for Restaurant's Outdoor Music Is Unconstitutional Content-Based Restriction appeared first on Reason.com.

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