Anthropic partners with British private equity firm to launch consultancy arm Prof Services Anthropic is launching a new AI consultancy business in Europe after partnering with London-based private equity firm Hg, according to reports. The company behind some of the world’s most advanced AI models is expected to launch its consultancy firm by the end of the year, the Financial Times reported, set to be based in London [...]
As Weil eyes a merger, who is a sizeable suitor? Legal US heavyweight law firm Weil Gotshal and Manges is reportedly pursuing a merger with another law firm and is in active discussions, fuelling speculation across the legal sector about the likely contenders. Leadership at the New York-headquartered firm, renowned as a powerhouse in corporate restructuring, private equity, and mergers and acquisitions, reportedly told top partners [...]
Accenture eyes sale of Chinese operations for up to $1.5bn Prof Services Consultancy giant Accenture is eyeing a potential sale of its Chinese business operations for up to $1.5bn. The world’s largest publicly traded IT consultancy has hired JPMorgan to work on a strategic review of its Chinese business after receiving unsolicited interest in it over the past year, the Financial Times reported. Accenture’s Greater China unit [...]
Everyman to become the first company to ditch Aim for Pisces market October 14, 2026 Luxury cinema chain Everyman is set to ditch its London listing for a private markets platform, after facing heavy pressure from key shareholders. The London-headquartered group is set to join Asset Match’s Private Intermittent Securities and Capital Exchange System (Pisces) on 12 November, subject to shareholder approval on 30 October. The move would make Everyman [...]
Emerging markets buck investor woes as equity funds shunned October 7, 2026 Investors may have cut their exposure to equities in favour of bonds and fixed income holdings, but emerging markets defied the trend. UK investors withdrew £858m from equity funds in September, marking the fifteenth month of outflows in the last sixteen, according to the latest fund flow index from Calastone. Since the start of the [...]
Grant Thornton takes on Big Four giants with new £40K salary for London grads September 29, 2026 Grant Thornton has raised its London graduate starting salary to £40,000 and introduced “milestone bonuses” into the pay structure as part of the firm’s ambition for significant growth. The private equity-backed firm has overhauled its early careers programme, first reported by City AM in April, and will offer ‘market-leading’ starting salaries to London juniors of £40,000 from [...]
Private equity firm Pollen Street weighs sale September 23, 2026 Private equity firm Pollen Street is weighing a sale and has begun talks with potential suitors, the company confirmed today, in what could be the latest of a wave of takeovers to hit the London Stock Exchange this year. The London-listed investment house, which counts lenders Shawbrook and Bunq among its portfolio, said its board [...]
Lloyd’s backs £40m transactional risk MGA targeting private capital September 21, 2026 Syndicates in the world’s leading insurance and reinsurance market, Lloyd’s of London, have agreed to provide up to £40m of risk capital per policy to back a new managing general agent in the City focused on the private capital sector. Alpha TR, a speciality insurance managing general agent (MGA), launched on Monday as a Lloyd’s [...]
Addison Lee founder defeated in £20m non-dom tax dispute September 18, 2026 The founder of premium minicab firm Addison Lee has failed to overturn a £20.5m tax bill from HMRC after arguing that he should be treated as a non-dom in spite of having lived in England for most of his life. Sir John Griffin, aged 84, who was born in England in 1942 to Irish parents [...]
‘Hound of Hades’ private equity firm pursues Aldermore September 17, 2026 Private equity firm Cerberus has teamed up with Warburg Pincus on a joint bid for alternative lender Aldermore, City AM can reveal, in a sale process that could value the company at more than £1.4bn. The US private equity firm, named after the Hound of Hades, a three-headed dog that guards the gates of the [...]