City of London
Coverage of City of London in the Nexus archive.
- Robert Jenrick’s plan to take on “Reform Slayer” Andy Burnham
Robert Jenrick, Reform’s Treasury Spokesman, addresses Andy Burnham’s leadership bid amid Reform UK’s recent electoral setbacks. Jenrick is promoting economic policies, including a 'big bang' for the City of London, after leaving the Conservative Party and clashing with Reform’s Zia Yusuf over migrant deportation policies.
- Bond Traders Finally Get Single View of Activity in UK Market
Bond traders in the UK market now have a single view of activity, streamlining access to financial data. The article references the Bank of England's location in the City of London as a backdrop.
- Britain’s banks demand a seat at the Brexit negotiating table
Britain’s banks, represented by UK Finance, are pushing for financial services to be included in the UK-EU Brexit reset negotiations. They argue the industry has been excluded from key discussions despite its economic significance and seek measures like extended EU market access and mutual rulebook recognition to ease trade barriers.
- High Yields Lured UK Money From Cash Funds to Bonds Last Month
High yields attracted UK money from cash funds to bonds in the previous month. The movement reflects investor shifts toward fixed-income assets amid changing market conditions.
- Ministers urge City of London to act over swimmers in Hampstead Heath wildlife ponds
Ministers have written to the City of London urging it to stop people from swimming in a protected pond at Hampstead Heath after viral videos showed swimmers disturbing nesting birds, including swans and their cygnets. The incident involved an unhatched egg falling into water during the chaos.
- Financial reforms set to give £1.6bn boost to City of London
Financial reforms are expected to provide a £1.6bn boost to the City of London, with the government highlighting its role as a key driver of economic growth. Chancellor Rachel Reeves has publicly championed the district's importance to the economy.
- Andrew Mountbatten-Windsor is condemned for refusing request to give up Freedom of the City of London honour that he inherited from Prince Philip
Andrew Mountbatten-Windsor has been condemned for refusing to relinquish the Freedom of the City of London honour that he inherited from Prince Philip. The refusal has drawn criticism from various parties regarding his decision to keep the inherited honour.
- Gilts Jump as UK Inflation Surprise Curbs Rate-Hike Wagers
The Bank of England's recent actions have led to a surge in gilts due to a surprise in UK inflation rates, which has impacted rate-hike wagers. This development is significant for the UK economy and monetary policy. The Bank of England is located in the City of London.
- PE Firm Lightrock Raises $500 Million for New Clean Energy Fund
Private equity firm Lightrock has raised $500 million for a new clean energy fund, marking a significant investment in the sector. The fund will focus on clean energy initiatives. This development is expected to support the growth of renewable energy sources.
- Uzbek State Fund Rises in London Debut After $604 Million IPO
Uzbek State Fund rises in London debut after a $604 million IPO, marking a significant event in the financial sector. The fund's successful listing on the London Stock Exchange Group Plc is a notable development. This IPO reflects the growing interest in emerging markets.
- Hedge Fund SPX Capital Faces Shake-Up, Moves to Exit London
Hedge fund SPX Capital is facing a shake-up and plans to exit London. The news comes as the Office of National Statistics prepares to release labour market figures. This development may impact the City of London's financial sector.
- London’s back, baby
The article discusses London's financial sector recovery post-Brexit, highlighting resilience in markets and business. A podcast explores how the City adapted to post-Brexit economic challenges.
- UK Two-Year Bonds Extend Gains as BOE Governor Bailey Speaks
UK Two-Year Bonds extended gains following remarks by Bank of England Governor Andrew Bailey during a monetary policy report news conference in London on April 30. The event took place at the central bank's headquarters in the City of London.
- Schroders Warms to Government Bonds as Stagflation Worries Mount
Schroders Plc has increased its stance on government bonds amid growing concerns about stagflation. The firm's headquarters in London reflects its strategic shift towards safer assets.
- How to capitalise on London’s thriving financial industry
London's financial industry is thriving and has shown resilience despite Brexit-related concerns. The City has bounced back, indicating strong performance in the face of political uncertainties.
- Has the City of London finally got its mojo back?
The City of London's financial-services sector is showing signs of recovery after a challenging period, suggesting renewed confidence in Britain's financial hub.
- The City of London is becoming a seven-day-a-week destination
The City of London is experiencing a significant increase in weekend visitors, transforming it into a seven-day-a-week destination. Rising footfall in the Square Mile highlights growing weekend activity in the area.
- UK Proposes Cutting IPO Timetable by a Week to Boost Listings
The UK government has proposed shortening the initial public offering (IPO) timetable by one week to encourage more companies to list on stock exchanges. The change aims to streamline the process and boost market activity, with the London Stock Exchange Group (LSE) referenced in the context of financial reporting.
- LSEG Enables Retail Access for £1.4 Billion Bonds in UK First
The London Stock Exchange Group (LSEG) has enabled retail investors to access a £1.4 billion bond offering in a UK first, marking a significant development in financial market accessibility. This initiative is based at the LSEG headquarters in the City of London.
- Davidson Kempner Ex-Partner Says He Blew Whistle, Was Forced Out
A former partner of Davidson Kempner claims he was forced out after blowing the whistle. UK business leaders urged Chancellor Rachel Reeves to reduce energy costs and avoid increasing corporate taxes ahead of the budget.
- Andrew Mountbatten-Windsor is urged to relinquish his City of London Freedom honour amid Epstein fallout
Andrew Mountbatten-Windsor, a member of the British royal family, is being urged to relinquish his City of London Freedom honour due to his association with Jeffrey Epstein, who was convicted of sex trafficking. The request stems from public outrage over Epstein's crimes and his connections to prominent figures.
- I've spoken to the world's top bankers, says City guru ALEX BRUMMER. The mood's bleaker than I've ever seen. It's about to all come down... I saw the last crash coming, now we should be terrified
Alex Brummer, a financial commentator, warns that the mood among top bankers is the bleakest he's ever seen, predicting an impending crisis similar to the previous market crash.
- How Bond Market Volatility Hurts the UK Economy
The UK economy faces challenges from bond market volatility linked to rising energy prices amid the Middle East war. The Bank of England may adopt aggressive measures to combat inflation, as its models predict prolonged economic impacts.
- UK’s Intertek Mulls Breakup to Lift Product Testing Firm’s Value
The UK-based product testing firm Intertek is considering a breakup to potentially increase its value. The decision comes as the company explores strategic restructuring options.
- One-Off Hits Threaten Confidence in Private Credit, Bailey Warns
The article discusses concerns about one-off hits undermining confidence in private credit, with Bailey issuing warnings. It references the City of London's skyline as part of the imagery.
- Odd Lots Is Coming to London
Odd Lots is set to launch in London, with the 30 St Mary Axe (The Gherkin) as a key location. UK business leaders are pressing Chancellor Rachel Reeves to reduce energy costs and avoid increasing corporate taxes ahead of the budget.