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      HSBC's stock has taken a hit due to the huge tariffs slapped on Asian countries.

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City of London Corporation

  • City of London lobby urges EU to grant UK financial services firms widespread access to its markets

    February 2, 2021

    The City of London’s most influential lobby group has urged Brussels to grant Britain’s finance sector wide-ranging post-Brexit access as talks between the UK and EU on financial services continue. The CityUK today called for the EU to grant regulatory equivalence to the sector, while also calling for the UK government to provide more clarity [...]

  • City of London chief: Brexit impact ‘not at all catastrophic’ as Square Mile will thrive without EU access

    January 27, 2021

    Brexit’s impact on London’s loss of financial business has not been catastrophic, the chief of the City of London Corporation said this morning. Catherine McGuinness, political leader of the Square Mile’s ruling body, insisted the City will thrive even if the European Union “irrationally” blocks access. London has endured business and job losses since the [...]

  • New Skyscraper approved for City of London

    January 26, 2021

    A new 30-storey skyscraper has been approved on 55 Gracechurch Street in the centre of the City of London. The new building, which the City of London Corporation has granted planning permissions for, will be located between Monument station and Leadenhall Market. It will include social and breakout zones, and the building’s floorplan will offer [...]

  • Innovation is why London is ahead of New York, Hong Kong and Frankfurt as world’s financial capital

    January 25, 2021

    Innovation is why London is ahead of New York, Hong Kong and Frankfurt as a world's financial capital

  • London still in first place for financial and professional services

    January 22, 2021

    London continues to hold the top spot for financial and professional services when compared with other major cities, a report by the City of London Corporation has found. The research, which took 91 different metrics for success into account, found that, while other major centres may lead on some measures, London and the UK have [...]

  • Councilman: City’s Statue decision should be given more scrutiny

    January 22, 2021

    Over the past eight years there have been many times that I have sat at the foot of a monstrous old statue in Guildhall. A tall male figure, from the Eighteenth century stands prod, bedecked in his finery, one hand raised, flanked by two seated, female guardians who seem almost bored to death by the [...]

  • City bodies urge Londoners to save parks for those without gardens

    January 21, 2021

    Londoners have been urged to ditch the car and enjoy their local parks, so that those without gardens can enjoy their own neighbourhoods during lockdown. In an open letter to the public, the City of London, Royal Parks and Lee Valley Regional Park Authority called on people to stick to their local green spaces as Covid continues [...]

  • City workers urged to complain if forced into the office

    January 13, 2021

    The City of London Corporation has called on workers to complain if they are being pressured into coming into work during England’s third national lockdown. The Corporation has urged Square Mile workers to file an anonymous complaint if their employers are forcing to break lockdown rules, which state that everyone must stay at home unless [...]

  • The City is stepping up to offer mental health support

    January 11, 2021

    The start of 2021 brings hope that this year will be a more positive one but there is no denying that the next few months will be tough as we deal with the national lockdown brought in by the Government to control the spread of COVID-19.   So many of us are already feeling isolated and [...]

  • Next year brings hope, but we’re not out of the woods yet

    December 21, 2020

    As we approach the end of a year most of us would prefer to forget, Londoners have been dealt a fresh blow with news that the capital has been placed under the highest level of coronavirus restrictions. The new Tier 4 rules mean people should only go out for exercise or to travel for work, [...]

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