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The Latest Breaking News from City of London

Slump in AIM floats spells strife for the City of London

THE alarming slump in activity on London’s moribund capital markets is laid bare today with figures showing AIM raised a paltry £3 million for fresh flotations in the last quarter.

Evening Standard

Government bans councils from enforcing 15mph speed limits

Department for Transport rejects request from City of London amid concern about speedometer accuracy

The Independent UK

Lloyd's of London rings Lutine bell to welcome King Charles

Lloyd's of London rang its Lutine bell on the underwriting floor of its City of London tower to mark the accession of King Charles at a ceremony on Thursday.

Reuters

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Chancellor wants to scrap bankers’ bonus cap to boost City of London

Boris Johnson backed away from move, fearing political backlash – but Kwasi Kwarteng has put it back on agenda

The Independent UK

Crowds enjoy ‘momentous’ scene as Charles proclaimed King outside Royal Exchange

Thousands of onlookers gathered in the City of London to witness the proclamation outside the Royal Exchange.

The Independent UK

London house prices set to rise another £27,000 this year despite economic headwinds

The City of London will see a £41,519 jump in average property values, while prices in Camden will grow by £41,493

Evening Standard

There’s no need for a national debt, now or in indy Scotland

THE City of London is home to many useful and responsible financial institutions. But this respectable facade also conceals a host of less savoury…

The National (Scotland)

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Town rated 'same as Windsor' where families rely on food banks and watch TV in the dark

Bootle has been rated in the same category as upmarket areas including Cambridge and the City of London in the support it receives from the government's levelling up fund

Daily Mirror

Merseyside’s ‘Windsor’ where people watch TV in the dark and struggle to feed their children

In the Government’s eyes, Bootle is on a par with Windsor, Cambridge and the City of London when it comes its need for support, but the reality on the ground says different

Liverpool Echo

Bankers get inflation-busting pay rises while low-income workers see earnings collapse

Worst-off get 1% wage increase as City of London workers toast large bonuses and 10% hike in overall pay

The Independent UK

England players and Sarina Wiegman given Freedom of the City of London after Euro 2022 heroics

After their Euro 2022 success, England’s players and head coach Sarina Wiegman have something else to go with the trophy and their medals.

Evening Standard

City of London urged to reconsider plans to demolish historic Barbican buildings

The City of London Corporation has submitted plans to demolish Bastion House and the Museum of London.

The Independent UK

City of London police officer becomes MBE in Queen’s Birthday Honours list

Melissa Dark was involved in the response to the covid pandemic

Evening Standard

The sanctioned oligarch’s son and a £160m London property empire

Said Gutseriev says he has no financial or commercial links to his father, who was sanctioned last year for ‘supporting’ dictator of Belarus

The Guardian - UK

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The Independent UK

Northern Line through City of London restored a day early

Exclusive: City Branch of the Northern Line started carrying on passengers on Sunday afternoon

WEKU

Journalist says Britain has become a safe deposit box for oligarchs' ill-gotten gains

Butler to the Word author Oliver Bullough says the UK has developed a system of bankers, lawyers, accountants and PR managers who work to help Russian kleptocrats hide their wealth.

Reuters

'Japan is a buy,' PM Kishida tells City of London

Japanese Prime Minister Fumio Kishida took his appeal for foreign investment to the bankers and investors of the City of London on Thursday, saying his shift to an upgraded version of capitalism would spur economic growth.

The Guardian - UK

Claw & Hammer, London: ‘The seafood is terrific’ – restaurant review

The City of London may be an unlikely spot to catch the taste of the US south, but wait till you try Claw & Hammer, says Jay Rayner

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Evening Standard

How to zone a space: an ingenious eco refit of a rundown studio flat on the City of London’s Golden Lane Estate

An eco refit of a promising but run-down studio flat was no small task for this creative couple, who found ingenious ways to make every square inch work as hard as their £30,000 budget.

Evening Standard

Londoner’s Diary: ‘City needs a reckoning over statues of slavers’

EDWARD COLSTON’s statue being dumped in the Bristol harbour was the defining moment of anti-racism protests in 2020, but a historian has suggested if it had been located in the City of London, the statue would never have come down.

The Independent UK

Eoin Morgan ‘immensely proud’ to receive Freedom of the City of London

The England captain lifted the men’s 50-over World Cup at Lord’s in 2019

The Independent UK

Disabled swimmer begins court fight over prices at London bathing pond

Christina Efthimiou says the costs to use Kenwood Ladies’ Bathing Pond on Hampstead Heath ‘give rise to unlawful disability discrimination’.

Reuters

UK must deal with Russian money in the City, Johnson says

Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday.

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