Confidence in audit quality surges despite knowledge gaps November 17, 2025 Confidence in audit quality has increased but many stakeholders have reported only a partial or limited understanding of the scope of auditor responsibilities, according to new findings. A document from the Centre for Public Interest Audit (CPIA) shows that all three stakeholder groups surveyed – finance directors, equity investors and audit committee chairs – reported [...]
UAE developer Arada secures majority stake in London housing development November 17, 2025 UAE-based developer Arada has bought an 80 per cent stake in Thameside West, a waterfront mixed-use development set to deliver 5,000 housing units in the capital. The £2.5bn deal is Arada’s second large-scale investment in the London residential market in the space of less than two months, following its purchase of local developer Regal in [...]
Formula 1 financial world on brink of change, says motorsport boss November 17, 2025 Toto Wolff’s minority stake sale in Mercedes could start a domino effect across Formula 1, according to the chief of motorsport’s global trade association. The Austrian is in talks to offload five per cent of Mercedes – which he co-owns equally with the car manufacturer and Ineos billionaire turned Manchester United investor Sir Jim Ratcliffe [...]
Yet another Transatlantic tie-up: Ashurst and Perkins Coie announce $2.7bn merger November 17, 2025 UK law firm Ashurst has agreed to merge with the US law firm Perkins Coie, the latest move in a series of large transatlantic tie-ups in the legal sector. After a week of speculation about Ashurst being in merger talks, the firm agreed a deal with Settle-based Perkins Coie to become a $2.7bn law firm, [...]
AI bubble fears: Which of the Magnificent Seven will pop? November 17, 2025 The spectacle of the so-called Magnificent Seven – Alphabet, Amazon, Apple, Tesla, Meta, Microsoft, and Nvidia – has been the defining market story of this generation. Synonymous with the AI boom, their collective valuation, now commanding a fifth of global markets, is underpinned by the fervent belief that they alone will win the AI arms [...]
Nations Championship will bring a tectonic shift in sport, say rugby chiefs November 17, 2025 Rugby’s new Nations Championship, which starts next year and will pit the best of the Northern and Southern Hemispheres against each other, “signals a tectonic shift in the sport” says Six Nations CEO Tom Harrison. The biennial competition will comprise three rounds apiece in July and November followed by a three-day Finals Weekend, the inaugural [...]
Nearly half UK fintech founders consider shifting business overseas November 17, 2025 Rachel Reeves’ mission to garner favour with the fintech industry has faltered with founders blasting the government’s approach to the sector as they weigh a move overseas. The Chancellor has attempted to ramp up the UK’s status as a competitive hub in the global fintech ecosystem, but founders have said they are yet to feel [...]
Channel 4: AI adverts boost offered to small businesses November 17, 2025 Channel 4 has launched a new AI tool to help small businesses create TV ads quickly and cheaply. Following ITV’s lead, the system can turn a company’s website or social media content into a draft ad in minutes. Broadcasters then help polish the ad, make sure it follows advertising rules, and get it ready to [...]
University tuition fee hike to prop up high inflation November 17, 2025 A rise in university tuition fees and volatile airfare prices are expected to prop up price growth as economists are pencilling in slightly lower inflation in October than in the previous month. Economists polled by Bloomberg said they expected consumer price index (CPI) inflation to reach 3.6 per cent in fresh data to be released [...]
Hotels and shops to be hit by fresh Reeves tax raid November 17, 2025 Hotels and supermarkets are set to be hit by extra taxes at the upcoming Budget as Chancellor Rachel Reeves hopes to raise more than £20bn in taxes. Reeves is planning to allow mayors to hit holidaymakers with an overnight levy on hotel and rental home stays at the Budget, opening up new cash streams for [...]