Britain to Fight for City of London in Court Clash With ECB

Bruised by David Cameron’s defeat over the leadership of the European Union’s executive arm, the U.K. faces its next clash with the EU tomorrow. It touches a sensitive point -- the City of London.

Britain’s lawyers will take on the European Central Bank in a hearing at the bloc’s top court -- fighting policies they argue would punish the nation’s financial hub because the U.K. has kept the pound sterling.