The Latest Breaking News from City

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.

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

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

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…

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

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

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

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

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