City law firms clamp down on the equity cookie jar April 30, 2026 Law firms are tightening access to equity partnerships to protect profits, increasingly reserving the equity pool for top performers, writes Maria Ward-Brennan. As the Big Four giants dominate the headlines with internal changes, the firms are seeking to regain control of their expanded equity pools amid profitability problems. These giants are looking to mirror what [...]
The Capitalist: US tipping and doggy bags infest London restaurants April 30, 2026 The scourge of US tipping culture, a Pitbull lookalike competition and the world's longest tiramisu; catch up on the latest London shenanigans.
Pension industry 1-0 Torsten Bell April 30, 2026 We should be grateful that the absurd idea of a government-imposed cap on rent died less than 24 hours after it first reared its head, but another madcap Treasury scheme took far longer to bite the dust. The government’s Pensions Schemes Act (which passed into law yesterday) contained plenty of sensible and interesting measures, including [...]
Twilight zone: Markets await ‘highly uncertain’ interest rates decision April 30, 2026 City analysts are eagerly anticipating a “highly uncertain” Bank of England decision on interest rates that could swing prices in either direction. The Bank’s Monetary Policy Committee is widely expected to hold interest rates at its upcoming decision at 12pm on Thursday, though analysts have warned that a vote split and hawkish messaging around the [...]
Old school glamour returns to The Langham with Sale e Pepe Mare April 30, 2026 From champagne trolleys to tableside theatre, Sale e Pepe Mare at The Langham shows hotel restaurants can be fun and fabulous.
Small business tax rule changes will not boost Exchequer coffers, top accounting firm argues April 30, 2026 A leading accountancy and advisory firm has sounded the alarm over a consultation by HMRC into tax rules for small businesses, arguing it will not close the tax gap and would leave firms tangled in even more red tape. Blick Rothenberg argued that the current HMRC consultation into so-called close companies, which have fewer than [...]
Mark Kleinman: Is it lights out for Ovo Energy? April 30, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Is it lights out for Ovo Energy? Farewell then, Ovo Energy? The prospective demise of the challenger brand conceived by Stephen Fitzpatrick – if not the company itself – has been a long time coming. Ever since [...]
Exclusive: Lloyds in tie-up with Google to build AI agents April 30, 2026 Lloyds Banking Group has formed a tie-up with Google as the financial services giant sets its sight on building its own AI agents, City AM can reveal. The blue-chip lender is leveraging Google Cloud – the tech giant’s suite of computing services – and the bank’s existing Large Language Model to create a new internal [...]
Monzo lost one current account switcher for every two gained in 2025 April 30, 2026 UK fintech darling Monzo lost one current account switcher for every two it gained last year. The neobank registered just over 20,000 new switchers in the final quarter, but over half of this was offset by the 11,000 thousand outflows. The picture for the final few months of the year mirrors the picture for the [...]
Schroders backs Wayve and Elevenlabs with UK’s first venture capital fund for pensions April 29, 2026 Autonomous vehicle unicorn Wayve and deeptech darling Elevenlabs are among the fast-growing unicorns that have been backed by the cash raised in a historic funding round by the UK’s first venture capital vehicle set up to cater for pensions. Schroders Capital announced on Wednesday it had injected over £100m into British-based tech and life sciences [...]