Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news on mobile for London. Download for iPhone or Android. Here’s essential reading on today’s developments.
MUST READS FROM WSJ CITY
London policing and security arrangements were stepped up Tuesday after 22 people were killed and 59 injured following a blast at the Manchester Arena that police are treating as a terrorist incident. Canary Wharf Group said it has heightened its security presence, while the Metropolitan Police said they were increasing policing across London. The first names of victims emerged as Islamic State claimed responsibility. WSJ City
The Manchester suicide bombing has hit the reset button on the UK general election campaign. The pause in electioneering could give the prime minister an opportunity to regain her footing and burnish her leadership credentials, pollsters say. WSJ City
Organisers of events that comprise the mainstay of the UK corporate calendar were on Tuesday revisiting security arrangements in light of the suicide attack in Manchester. WSJ City
Investors have hit mute on the Trump trade. Stocks remain strong, although not because of bets on tax cuts, easier regulation or an infrastructure boom. In fact, quite the opposite, writes James Mackintosh in his Streetwise column. WSJ City
Mark Carney, the governor of the Bank of England, is the latest to fall foul of an email exchange with the prankster who tricked Barclays chief executive Jes Staley earlier this month, FN reports. WSJ City
The eurozone’s economic recovery maintained its recent, stronger momentum in May as the currency area’s manufacturing sector added jobs at the fastest pace in 20 years, according to surveys of purchasing managers released Tuesday. WSJ City
The next UK government must do more to listen to the needs of the City of London as it leads the country out of the European Union, prominent campaigners on both sides of the Brexit debate have warned at a Financial News event. WSJ City
Greek debt has been a great investment this year—in theory. The reality is that almost nobody trades it, even with yields at a three-year low, so actually making significant money is all but impossible. The tiny volumes are also a sign that Athens has a long road ahead before it can borrow from investors again. WSJ City
A group linked to North Korea is very likely behind this month’s global ransomware assault, and the attack more closely resembles the behaviour of a crime ring rather than a government-orchestrated campaign, a cybersecurity researcher said. WSJ City
IN THE PAPERS
Live Coverage: Manchester Attack — WSJ
Identities of Victims of Manchester Bombing Attack Begin to Emerge – WSJ
Europeans Offer Support, Sympathy for Manchester Attack – Reuters
Manchester Bombing: The Next Steps for Police and MI5 – BBC
Michel Barnier Formally Appointed to Broker Brexit Talks – Politico
Brussels Sets Rules for Brexit Regulatory Agencies Fight – Financial Times
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May 23, 2017 at 10:08PM
from Philip Georgiadis
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