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The Latest Breaking News from City

City Voices: Being an economic powerhouse isn’t what makes London one of the world’s best cities. It’s the other way around.

Evening Standard

City bets on fresh Bank of England interest rate hike as GDP leap beats forecast

The interest rates outlook will become clearer when the ONS reveals the latest wages and inflation data next week

Evening Standard

BTC issue: I will stick to PAC recommendation, says H.K. Patil

Minister for Law and Parliamentary Affairs H:K: Patil on Thursday said he would stick to the recommendations made by the Public Accounts Committee (PAC) of the State Legislature in 2020 on the cancellation of the Bangalore Turf Club (BTC) licence and development of the BTC area as a park on…

The Hindu

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City braces for insight into impact of rate hikes on economic growth

GDP data for June is due, from a month of rate hikes, hot weather and strikes

Evening Standard

City law firm Kingsley Napley is turning the lights off on Fridays. Will it catch on?

City Comment: The City is still largely in tumbleweed mode on Fridays

Evening Standard

Suicide concluded as cause of student’s death

The City police have concluded the death of Class 10 student who fell from the building adjacent to the Bishop’s House in Pattom to be due to suicide.

The Hindu

Despite HSBC blow, Canary Wharf’s future stays bright

City Voices: Canary Wharf will keep transforming

Evening Standard

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London Stock Exchange thrives and boss insists new trading platform “not a stitch up”

LONDON Stock Exchange Group gave firm evidence that the capital’s position as a global financial centre is safe even while share prices fall behind rivals and a dearth of new listings hits City profits.

Evening Standard

Next offers hope for the high street as consumer confidence rides high

NEXT fashioned another profit upgrade today, offering hope for the wider high street and reminding the City that it is one of the best run businesses in the UK.

Evening Standard

London-listed companies must find a new way to woo investors

City Voices: Companies need to stop whining about the lack of interest in their equities and build some

Evening Standard

London restaurants opening in August, from 64 Goodge Street to Origin City

From lobster vol-au-vents to World Cup-worthy tacos, Ben McCormack has the hottest August openings to book for the month ahead

Evening Standard

Nigel Farage says new Coutts boss has offered to keep his accounts open

Former Ukip leader is still taking legal action against bank demanding compensation and apology

The Guardian - UK

NatWest chair quitting over Coutts row would not be ‘helpful’, says City minister

Andrew Griffith backs Sir Howard Davies staying in post after resignations of chief executive and head of private banking arm

The Guardian - UK

Wealth manager WH Ireland cuts jobs after completing ‘urgent’ search for funds

WH Ireland successfully raised £5 million at a steep discount this morning, after warning it was in danger of collapse if it failed to do so

Evening Standard

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Evening Standard

The real banking scandal isn’t about Nigel Farage’s account, and it isn’t about profits either

City comment: It’s unlikely Nigel Farage will kick up a storm about this one

Evening Standard

Amazon Fresh shuts three suburban stores, opens two City shops in pivot to the Square Mile

Amazon has closed three of its suburban Fresh stores and is poised to open two new sites in the Square Mile in an apparent pivot to attract more City customers.

Evening Standard

Dead-of-night departure of NatWest boss Dame Alison Rose rocks the City

Shares in turmoil-hit bank fall and furore keeps growing after Dame Alison Rose’s resignation as NatWest’s chief executive

Evening Standard

City AM sold to ecommerce group THG

The sale prevents administrators from taking over London freesheet City AM

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Evening Standard

Dame Alison, the rising NatWest star who fell to earth

Until this muck-up with Nigel Farage, Rose had barely put a foot wrong

Evening Standard

OPINION - How Labour wooed the City

Sometimes I worry I’m the only person in Britain who’s not been asked to a breakfast meeting with Jonathan Reynolds. That I tend not to eat before noon and have little of value to offer the shadow business secretary is beside the point: it’s always nice to be invited.

Evening Standard

OPINION - The Standard View: Labour knows the City that likes to back a winner

The prawns have been defrosted, the Marie Rose sauce decanted and the lettuce shredded: Labour is once again wooing big businesses. Sir Keir Starmer and Rachel Reeves have stepped up their efforts to win over the City, with one lobbyist revealing he had been invited to breakfast with shadow business…

Evening Standard

London’s top 10 tallest buildings as new skyscraper approved

How The Shard compares with its new rivals springing up in the City

Evening Standard

OPINION - The City liked what it saw with Labour in ’97. It’s the same now

Commentary: Labour is heading for No 10 as business is fed up with the Tories

Evening Standard

How Labour wooed the City: Keir Starmer’s offensive is working on business

Business bosses ready to embrace Labour after charm offensive convinces them they have nothing to fear

The Guardian - UK

City minister summons UK bank bosses to discuss Farage account closure

Andrew Griffith raises ‘significant concern’ after Coutts judged ex-Ukip leader ‘did not align’ with its values

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