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      Strait of Hormuz closed over ceasefire violations, says Iran

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

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City

  • Next government should seek ‘wide-ranging’ review of Brexit agreement says City group

    June 7, 2024

    It argued that the next government should lobby EU member states to seek to improve the Trade and Co-operation Agreement (TCA) in a "mutually beneficial way".

  • Manchester City launch legal action against Premier League, accusing them of “discrimination”

    June 4, 2024

    Champions Manchester City have launched legal action against the Premier League, challenging its rules on related-party transactions and seeking damages. In an escalation of their legal battle, the Abu Dhabi-owned club will face off in a dispute against the Premier League in a two-week private arbitration hearing due to start next week. City, who have [...]

  • The UK’s services sector has outperformed since Brexit and the City is leading the way

    June 4, 2024

    According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.

  • London Stock Exchange defends deregulation drive after pension group’s warning

    May 14, 2024

    The London Stock Exchange has defended its deregulation drive today after a top pension group sounded the alarm over the lobbying activities of a City taskforce led by the exchange's chief executive Julia Hoggett.

  • The City is a model of good local government (kind of)

    May 8, 2024

    Local government in the UK is a mess, but the ancient system we have in the City is more accountable than most – and the whole country benefits, says James Price Mothin Ali, an accountant who also runs a gardening blog, declared his election as councillor for the Gipton and Harehills ward in Leeds a [...]

  • City private equity house Pollen Street reports strong demand for its private funds

    May 3, 2024

    City private equity house Pollen Street said it was on track to raise a €1bn deals warchest today as it  bumped up its assets under management in the first three months of the year.

  • FCA eyes fresh clampdown with ‘game changing’ consumer duty and beefed up AI

    March 19, 2024

    The Financial Conduct Authority (FCA) said it is looking to tighten enforcement of its “game-changing” consumer duty rules and will ramp up its use of artificial intelligence today as it laid its priorities for the year ahead.

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