McKinsey senior partner demoted over controversial social media post Advisory Management consulting giant McKinsey & Company has stripped one of its directors at its business and economics research arm of his leadership role after his post on LinkedIn about the battle female executives face in the workplace. Chris Bradley, a senior partner in Australia, was removed from leadership roles after an internal review of his [...]
Dutch consulting disruptor takes aim at City’s ‘five-to-one’ markup Advisory Sweav, a Dutch-founded freelance consulting platform, is launching in the UK to challenge the traditional professional services sector on pricing. Speaking to City AM, Joeri Schouten, co-founder of Sweav, said: “The UK is the biggest professional services market in Europe [but] the culture is still much more traditional, very hierarchical, and has an even more [...]
‘Outdated’ consultancy sector faces a reckoning as AI rips up the old model Tech For years, the consultancy sector has relied on a traditional model and profitable formula: retained clients, billing time and upselling clients. Another crucial element has been the blend of ‘senior counsel’ supported by a team of juniors carrying out research and compiling reports. But the rug is being pulled from under this model and a [...]
AI is driving McKinsey’s business model and talent overhaul May 15, 2026 McKinsey & Company’s business model is changing to prioritise performance-based pay, a shift largely driven by the impact of AI, City AM understands. The Big Three consulting giant has told senior staff it plans to overhaul its remuneration structure for partners, with more of their pay potentially coming in the form of equity in the US-headquartered partnership. [...]
Foreign buyers circle ‘undervalued’ UK firms March 4, 2026 Foreign buyers continued to circle “undervalued” UK firms in the final quarter of last year, new figures show, with the value of inward Mergers and Acquisitions (M&A) surging to its highest level in four years. The total value of deals in which foreign companies acquired UK firms rocketed to £27.4bn in the final quarter of [...]
Olympics should lead way in AI and lighten impossible load on its judges February 26, 2026 If any sporting body has the means to fund investment in AI judging it’s the International Olympic Committee, writes Ed Warner. I’ve no idea whether Zoe Atkin’s “amplitude” deserved to bag silver rather than bronze in the freeski halfpipe on Sunday. All I know is she didn’t wipe out on all three of her three [...]
2025 was set to be the year of AI agents. It was not. January 6, 2026 At the end of 2024, just over a year ago today, tech behemoth and OpenAI boss Sam Altman predicted that AI agents would completely upturn the workplace before year end. AI agents are software programmes which break down any given task into smaller, more manageable steps, allowing them to devise and execute them with little [...]
Three ways to build start-ups faster and with less investment October 29, 2025 CEOs that keep innovating and are advanced users of AI see up to 4x revenue growth than those that don’t, says Paul Jenkins When there’s a period of uncertainty, it’s easy to retrench and focus on short-term gains. To freeze hiring, cut projects and hold off investments. And, it’s hard not to feel a gravitational [...]
McKinsey isn’t dead, but the glamour of being a professional is September 10, 2025 The reports of McKinsey’s death are greatly exaggerated, despite what The Economist might say. What’s dying is the professional mythos, writes Lewis Liu.
Advisory giant Teneo valued at £1.7bn in fresh deal August 4, 2025 Advisory firm Teneo has received fresh backing from a top Liechtensteiner buyout firm valuing it at $2.3bn (£1.73bn), in a deal that suggests the malaise afflicting the world’s largest holding companies and consultancies is not extending to more specialist or diversified firms. LGT Capital Partners is backed by Liechtenstein’s royal family and has over $100bn [...]