Thu Sep 19 04:47:00 UTC 2024: ## City Gossip: Old Street’s “Non-Roundabout” and Nick Clegg’s Career Advice

**London, UK:** The Capitalist dives into the latest whispers from the City, revealing a mix of disappointment, ambition, and a dash of satire.

**Old Street’s “Non-Roundabout” a “T**d”?:** The much-delayed and over-budget Old Street Roundabout project has finally opened, but the reaction is far from celebratory. Architects and urban planners decry the glass and grass structure as a “waste of public funds” and a “degraded urban experience.”

**Tory Blues and Budget Jitters:** Conservative MPs, still reeling from election losses, gathered for the Conservative Home summer drinks reception. While spirits were lifted by the absence of a long-winded sponsor, the atmosphere was dominated by talk of adapting to life in opposition. Meanwhile, investors and entrepreneurs are nervously eyeing the upcoming Budget and potential tax changes, with one high-profile figure lamenting the lack of engagement from Downing Street and the Treasury.

**Lord Mayor’s Wardrobe Secrets:** The Labour leader’s acceptance of gifts for his wife has sparked questions about the Lord Mayor’s own wardrobe. The City of London Corporation assures the public that the ceremonial robes are provided at no cost to the taxpayer, though some raise eyebrows at the “embarrassing look” of rummaging through the Guildhall’s old lockers.

**Nick Clegg’s Career Advice for Defeated MPs:** The former Deputy Prime Minister, now Meta’s right-hand man, offers some sage advice to ex-MPs looking for new gigs: don’t rely on past glories. Clegg himself, once a familiar face in Westminster, emphasizes that “in most cases” people don’t care about your past political successes.

**Business News: Evelyn Partners and OnlyFans:** Wealth management firm Evelyn Partners is reportedly preparing to sell its professional services arm for £500m, suggesting a busy market fueled by potential tax changes. Meanwhile, OnlyFans is hiring a legal compliance analyst, prompting some LinkedIn critics to criticize the platform’s “saucy reputation.” CEO Keily Blair counters that critics should “check out our ToS before saying things that are factually incorrect.”

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