It's sparing the blushes time again. City Spy has been sent an email exchange between two City bucks - a property consultant and an insurance broker. The former meets the latter's ex-girlfriend, herself a broker, and still his housemate. Now read on... ... more
Market round-up: Like an addled drug addict coming down from a high, the Footsie stumbles from yesterday’s stonking gains to retreat into the red... more
Market Round-up: One yarn on the rounds is that Smiths Group is going to be broken up, after UBS fuels talk of an imminent restructuring of the technology group... more
Could predator be set to turn prey at Man Group?
The City is hot with talk that the hedge fund manager, which is buying rival GLG, is about to be snapped up by the Bank of New York Mellon... more
The revelation that a London trader blew £350m in oil deals at 3am after a four-day drunken binge has shone a spotlight on the unreformed and unashamed lifestyle of post-crunch dealers... more
BT was the biggest loser on the FTSE 100 today as investors fretted over its huge pensions deficit, while ratings agency Standard & Poor has cut its corporate debts credit rating... more
The real problem facing the Square Mile is MPs imposing bonus supertaxes, not regulation by the EU, says the chairman of the City of London Corporation... more
Hopes of a rapid economic recovery dramatically lifted as the stock market soared to new yearly high and the rise in unemployment appeared to stall... more
City economists scrambling to rewrite forecasts for the year after a shocking decline in second-quarter output that none of them managed to predict... more
Is the bull run over? That was the question in the City today as London’s leading shares struggled to add to nine consecutive days of gains — the longest winning streak since the 11-day rise in late 2003 and early 2004 ... more
The pound fell again today as political unrest in Westminster created uncertainty in the City. Sterling lost 1.36 cents against the US dollar to $1.6074 and was down 1.35 cents against the euro to �1.1285 ... more
Before the start of the Cheltenham Festival today, the racecourse's managing director Edward Gillespie admitted corporate hospitality has taken a hit - it's down around 10%, he says, although some think that may be a little optimistic... more
Forget the Great Depression of the 1930s. Economists and City analysts are looking into the history books to try to make sense of the mess we’re in and they’re pointing to two other periods: the early 1920s and the 1870s.... more
Hopes for an Obama Bounce sent Wall Street shares leaping on the belief the Democrat Presidential candidate will win the US election with a landslide and control of both houses in Congress... more
Economy: London shares rally and the pound rises against the dollar but investors on Wall Street hold their breath ahead of a key decision on interest rates.... more
Markets: Confusion reigned in the City after an emergency move to ban short-selling was launched by the Financial Services Authority last night... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
Morning:
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