#city-of-london

#city-of-london

Charlie Nunn, the chief executive of Lloyds Banking Group, warned that increasing taxes on banks would hinder Labour's plan for economic recovery in the City of London. He emphasized that such a tax hike would contradict the chancellor's recent promises to stimulate growth. Nunn pointed out that the financial sector plays a crucial role in supporting households and businesses. Additionally, he noted that the UK already has the highest tax regime for financial services compared to other major economies.

The new 63 St Mary's Axe will be erected short walk from the Gherkin (at 30 St Mary's Axe Street), with 45 storeys and more than 85,000 square metres of floor space. It'll include a publicly accessible park wrapping around the lower levels, named Camomile Park, and an auditorium, with space on the ground floor and lower floors open for commercial, cultural and leisure use.

Sophie Jackson, director of development at MOLA, stated, 'Finding substantial remains of the basilica is one of the most remarkable discoveries made in the City in recent years, and it has been described as the equivalent to discovering the Speaker's Chair in the Chamber of the House of Commons in 2,000 years' time.'

Finsbury Circus, London's oldest public park, has reopened after more than a decade of closures caused by construction work, now featuring a redesigned urban landscape.

Before Crossrail arrived, Finsbury Circus was primarily a lawn, but after extensive refurbishment, it now features an 'urban forest' and an oval pathway around lush bedding plants.

The Don's chilly ambiance, characterized by hard-lined decor and frosty colors, feels more like a commercial property than a cozy restaurant steeped in history.

The City of London has allocated £310 million for the project, primarily for site purchase and remediation, demonstrating its commitment despite the current hold on market relocation plans.

The Lord Mayor's Show originally took place as a river procession, becoming a street parade in 1856. This shift coincided with modern work habits, complicating weekday events.

"The existing Smithfield Market site is at the heart of our vision for Destination City, where the new London Museum will showcase the capital's rich culture and history to millions of visitors."

"The FCA's recent report highlights a critical failure in the oversight of professional bodies responsible for anti-money laundering within the City of London, emphasizing the alarmingly low investment in compliance activities."