Government consultants pledge under threat as spending jumps July 22, 2025 Government spending on management consultants rose by over £150m during Labour’s first year in office, despite the party’s manifesto pledge to halve the amount departments dish out to third party advisers, City AM can reveal. Total spending on management consultancy contracts totalled £1.44bn during the first 12 months of the government’s four-year term, up from [...]
Mortgage brokers on chopping block as AI overhaul gains pace July 14, 2025 Mortgage brokers could be the latest roles to be swallowed up by the spread of AI as homebuyers deploy modern tech in the space of cumbersome traditional homebuying services. AI has taken a dominant role for buyers with over a third using the tech to explore their options. Early adopters cited AI as streamlining product [...]
The Capitalist: Inside Tesco Clubcard’s 30th birthday rave July 10, 2025 Tesco opens a Soho nightclub, finance bros battle it out at The Lord Mayor's Cup, and a Lord's warm-up dinner; catch up on the latest gossip.
Fintech leads surge in London finance hiring July 10, 2025 Fintech helped lead roaring growth in London’s finance hiring for the second quarter of the year as demand for risk professionals surged amid a more moribund jobs market for traditional lenders. New financial services jobs vacancies rose three per cent quarter-on-quarter, according to Morgan McKinley’s London Employment Monitor while Greater London fintech hiring is expected [...]
Shell forced to file amended US filings after EY broke audit rules July 2, 2025 Shell is to file amended regulatory filings after Big Four firm EY told the energy giant it broke audit rules
Cuts, struggles and breakups: How is AI reshaping the consultancy sector? July 2, 2025 Amidst the job cuts at Big Four, crisis mode is rearing at consultancy firms as the industry struggles to keep up with the AI world
Replacing graduates with AI will hurt businesses in the long run July 1, 2025 Replacing graduate roles with AI does not build a smarter business, it builds a shallow one, writes Paul Armstrong.
ChatGPT wipes out entry level jobs June 30, 2025 Vacancies for graduate roles, apprenticeships, internships, and junior positions have decreased by more than 30 per cent since ChatGPT emerged at the end of 2022. The research by Adzuna follows a warning last month from the Chief Executive of artificial intelligence heavyweight Anthropic, Dario Amodei, who said that AI could eliminate up to 50 per cent of [...]
Big Four: US fines Deloitte, PwC and EY over exam cheating June 26, 2025 The US accountancy regulator has fined the Dutch arms of Deloitte, PwC, and EY $8.5m over 'widespread exam misconduct'.
Vibe shift: Gen-Z accountants ditch partnership ambitions for start-ups June 25, 2025 Accountant students aspire to start their own business, marking a generational shift away from the traditional route