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The Latest Breaking News from City

Next UK government should introduce scams legislation, says City lobby group

Group wants big tech social media firms to pay up to £40m a year to reimburse customers after years of shouldering cost of fraud

The Guardian - UK

Forestry investment firm axes its London listing in £167 million deal to go private

Autumn arrives for Foresight Sustainable Forestry’s time on the Stock Exchange as valuation worries reverberate across the City

Evening Standard

Star fund manager Train loses on share picks in Cazoo and Manchester United

STAR city fund manager Nick Train today admitted he has struggled for form lately, with investments in Cazoo and Manchester United among those costing his customers.

Evening Standard

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East London businesses unite to form new growth group

The East London Growth Potential Group brings together businesses including London City Airport and the ExCel, as well as business group BusinessLDN

Evening Standard

Divisive, ugly, gloomy: when will the City of London see the light on tall towers?

The proposed 1 Undershaft skyscraper is meant to help woo workers, but it’ll make the Square Mile worse for everyone

The Guardian - UK

New hotel room for the super-rich just dropped

There are few nicer hotels in the City than the Four Seasons Ten Trinity Square in Tower Hill. The glorious grade II listed Beaux Arts building, embellished with order of Corinthian pilasters and piers, was once one of London’s tallest structures in its heyday as the headquarters of the Port of London…

Evening Standard

The Trip to Ho Chi Minh City: Vietnam’s sky-high, booming metropolis

Discover Ho Chi Minh City, where street food, historic alleyways and honking motorbikes now mix with skyscrapers, minimalist showrooms and upscale patisseries

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Shock plunge in retail sales deals pre-election economic blow to Sunak

The figures confounded City economists, who had expected a much more modest 0.4% decline

Evening Standard

Stripe opens City of London office to step up UK expansion

Stripe Inc. is opening a new office in the City of London as it looks expand its UK operations and roll out lending to small businesses.

Evening Standard

Bevis Marks: Political row over plans for skyscraper near historic City synagogue

Row erupts over Corporation political leader’s role at company which advises developers

Evening Standard

Inflation may soon be too low. But the Bank of England is scared to cut interest rates

City Comment: The Bank should start chopping interest rates as soon as it can

Evening Standard

The arch remainers were wrong. The City is still on top in Europe

City Comment: The City still has a huge amount going for it. We should remember that more often

Evening Standard

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Bim Afolami’s comments distance British government from protectionist moves by US

The Guardian - UK

The Bank shouldn't be shy on cutting interest rates

City Comment: Inflation could fall below 2% as soon as next week

Evening Standard

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The Independent UK

How the Catskills became the long weekend summer getaway for New Yorkers

Just over two hours out of the city, Alex Hannaford finds a playground for outdoor enthusiasts – as well as restaurants, wineries and shopping to satisfy even the most discerning Manhattanite

Evening Standard

OPINION - London's super sewer could mean we can swim in the Thames

London was buzzing last week with news of Sadiq Khan’s huge mandate for a third term as Mayor. Commentary that focused on other candidates getting it wrong misses the point, and sells us Londoners short. Sadiq was the only candidate who actually likes our city.

Evening Standard

No pressure, team Raspberry Pi, but your IPO could save the City

City Comment: Will this IPO open the floodgates... or will Raspberry Pi prove an isolated second quarter outlier?

Evening Standard

Note to CEOs looking to float: Don't be so greedy

City Comment: Signs of optimism in the flotation market

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Evening Standard

The London spectacles designer who hopes there will soon not be a dry eye in the house

Tom Davies’s four retail branches, all in London, in the City, Canary Wharf, Knightsbridge and Sloane Square will soon be offering dry eye treatment.

Evening Standard

Signs of UK-listed firms narrowing valuation gap after record FTSE run

With this weekend set to be the warmest of 2024 so far, the City will be hoping that the strong spring run turns into a red-hot summer for London shares

Evening Standard

Gordon Ramsay to open two new restaurants and 'culinary academy' in the City's tallest skyscraper

Ramsay is taking his restaurant empire to new heights, quite literally

Evening Standard

City watchdog should stick to its guns on 'name and shame' plan

City Comment: Strong regulation is good for the City, not a weakness

The Guardian - UK

City of London watchdog is making a fair point on ‘naming and shaming’

Disclosure of the identities of firms under investigation by FCA could be in the public interest

Evening Standard

Boohoo recovery plan doubts grow as losses hit £160m

Shares fell by as much as 6.3% as the business reporting declining revenue

The Guardian - UK

‘They’re everywhere’: Labour’s wooing of City goes into overdrive

Starmer and Reeves have created 2020s version of party’s 1990s ‘prawn cocktail offensive’ – and business appears hungry for it

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