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JPMorgan ignored risk warnings, misled investors: Report

Mar 15, 2013
Senate investigators are holding a hearing today on JPMorgan’s estimated $6.3 billion losses connected to a London trader known as the 'Whale.' New evidence from internal emails and phone calls suggests the blame may lie with even bigger fish in company.

London mayor calls lawmakers 'great supine protoplasmic invertebrate jellies'

Feb 25, 2013
The notoriously outspoken Boris Johnson was surprised that lawmakers in the London Assembly had no questions about a major budget cut.

British opera finds harmony in financial world

Dec 5, 2012
A British academic and banker have composed an opera that highlights the harmonies they find in the world of finance , which some view as a place of turbulence.

Top finance firms gather to discuss LGBT issues

Nov 14, 2012
In London this week, executives from global financial companies held a summit to discuss how to make work culture more LGBT-friendly.

Iconic London taxi faces uncertain future

Oct 24, 2012
The maker of London’s famed black cabs has filed for bankruptcy protection. Recession, quality issues and competition have hit profits.

London businesses tally up sales after Olympics

Aug 14, 2012
Now that the Games are over, small businesses in London are complaining of losses in their books.

Brits think the Games have gone maybe, sort of, OK

Aug 10, 2012
London Olympics go smoothly despite trademark British glumness heading into them.

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Standard Chartered diverges from other bank scandals

Aug 9, 2012
The scandal over British bank Standard Chartered is taking some interesting turns. This week New York's financial regulator charged the bank with concealing transactions for Iranian clients -- breaking U.S. sanctions against Iran. Standard Chartered could lose its New York license, which would be devastating.

Rain or shine: Betting on the Olympics

Jul 25, 2012
The Olympics get underway later this week but the games have already started. People are betting on all things Olympic from the usual bets, like who will win certain events to less usual bets.
A Labrokes betting board displays the odds on which party will get the most seats in the general election on April 6, 2010 at London's Southbank, England. Now, bookies are taking bets on virtually everything under the sun as the London Olympics get underway.
Peter Macdiarmid/Getty Images

Brits worry if cost of Olympics is worth it

Jul 24, 2012
The 2012 Olympic Games begin in London on Friday, but already a venerable Olympic sport is well underway: The Brits are arguing about the costs and benefits of an event which has so far set them back at least $15 billion.