Affluent Big Four partners lack ‘fire in the belly’ to disrupt consulting market August 27, 2026 The trend of Big Four partners leaving to launch boutique consultancies has accelerated in recent years. But Q5 co-founder has told City AM that many will struggle to build true challenger brands without an “all or nothing” approach. Five founders, including managing partner Olly Purnell, launched boutique consultancy firm Q5 at the height of the global financial [...]
Fed chair Kevin Warsh faces Jackson Hole D-Day August 27, 2026 Kevin Warsh has opted for a less-is-more approach when communicating his feelings on interest rates and inflation. Ahead of his first set piece speech as Federal Reserve chair, investors want to hear more, writes Ali Lyon. When Federal Reserve chair Kevin Warsh steps up to the wood-panelled stage at this week’s Jackson Hole symposium, investors [...]
Dolly Parton: The rhinestone capitalist August 27, 2026 Dolly Parton is often celebrated as a working class hero, but her entrepreneurial triumphs can be read as a fable of capitalism too.
Londoners can no longer afford the Notting Hill Carnival August 27, 2026 Around 2m people flock to Notting Hill Carnival each year. But there is no such thing as a free lunch, or free street party, says James Ford.
Use AI for investing at your own risk, warns watchdog August 27, 2026 The financial watchdog has warned Brits using AI for investment advice that they may not be protected if things go wrong as more people turn to online chatbots. Four in five inexperienced investors admitted to using AI tools for help with their investment decision, according to the latest research from the Financial Conduct Authority (FCA). [...]
Mortgage rate hikes cost London homebuyers £35,000 August 27, 2026 The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit. The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen [...]
Lloyds Bank and Halifax users unable to use app in latest outage August 26, 2026 Lloyds Banking Group has been hit with another app outage that has left thousands of customers unable to use services. The financial giant – which has Lloyds, Halifax and Scottish Widows under its umbrella – said it was “working to get things back to normal as quickly as we can” as users took to social [...]
Reform to slash HMRC officials’ pay if taxpayers wait too long August 26, 2026 HMRC officials would be fined and dismissed if they keep taxpayers waiting too long to deal with government services under a Reform UK government. If Nigel Farage becomes Prime Minister, customer services officers at the tax collector would have their pay tied to performance levels and be required to keep waiting times to below 30 [...]
Lita: The pursuit of the perfect neighbourhood restaurant August 26, 2026 After running a three-Michelin-starred kitchen, one chef has set out to create the ultimate neighbourhood restaurant at Lita in Marylebone, writes Carys Sharkey What makes the perfect neighbourhood restaurant? Some immediately come to mind: Perilla in Stoke Newington, Camberwell Arms in Camberwell, Chez Bruce in Wandsworth, Saikei in the retail complex side of Greenwich. All [...]
Uefa to call off Fifa boycott and step up talks over Infantino at Champions League draw August 26, 2026 Uefa will use a gathering of continental chiefs for tomorrow’s Champions League draw to call off its boycott of Fifa events and discuss next moves in its bid to oust Gianni Infantino. Europe’s governing body will hold a meeting with its executive committee and heads of national FAs in Monaco ahead of the draw for [...]