After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
AI startup Ravical bags £12m to power accountancy’s private equity boom October 29, 2026 AI startup Ravical, serving accounting and tax firms, has raised over £12m in its latest seed round as it positions itself as the tech infrastructure for the sector’s current wave of private equity roll-ups. The tech business secured £12.75m in a funding round led by European venture capital firm MMC, City AM can reveal, along [...]
Budget 2026: Government to ‘act soon’ to address gender pay gap and pay transparency October 28, 2026 The government is addressing “calls” to introduce mandatory pay transparency in job adverts and tackle gender pay gaps at firms, chancellor John Healey said in his Budget. Healey said he has “heard calls” to introduce the measure that will ensure employers will be required to disclose salary ranges on job listings, as well as confirming [...]
Capital gains tax incentive may benefit but ‘disrupt’ professional services sector October 28, 2026 The new capital gains tax incentive Chancellor John Healey unveiled in his Budget may benefit LLP firms in the professional services sector if they qualify, but it also risks disrupting partner dynamics within the firms. Healey announced the so-called ‘Founder’s Relief’ capital gains tax (CGT) incentive in his Budget speech on Wednesday in a bid [...]
Why consulting giants aren’t quaking at Anthropic’s new AI venture October 28, 2026 Consulting firms have long focused on advising clients on adopting new tech, but now the biggest AI giant seems to be keen to adopt advisory skills, as the consultancy sector continues to pivot, writes Maria Ward-Brennan Last week it was revealed that Anthropic, the company behind some of the world’s most advanced AI models, plans [...]
Possible tax hikes for LLPs in Budget may ‘distort’ the market and push firms overseas October 27, 2026 Despite the professional services sector dodging tax hikes on LLPs in last year’s Budget, it remains unclear whether Chancellor John Healey will impose tax changes this time round, but Rosie Harris-Davison writes that experts have warned against any tax burdens on the sector. In the lead-up to last year’s Budget, whispers circulated for weeks that [...]
EY partner pay jumps to £870k despite consulting slump October 27, 2026 Big Four giant EY posted a two per cent rise in UK fee income over the past year and hiked payouts for its partners, even as its consulting arm came under pressure from what it said was a “challenging market”. For the financial year ending 3 July 2026, the firm reported UK fee income of [...]
Private equity-backed Unity Advisory hits 120 clients as former Big Four chiefs target rivals October 27, 2026 Having shaken off early legal threats from PwC, secured 120 clients, and already won work from traditional rivals, two former Big Four heavyweights told Rosie Harris-Davison that their advisory firm, Unity Advisory, is not a challenger but a contender in the evolving market. Marissa Thomas, former chief operating officer and managing partner at PwC UK [...]
Deloitte hikes pay for top boss while headcount shrinks October 26, 2026 Big Four giant Deloitte hiked pay for one of its chief executives last year by almost half while overall headcount at the firm fell, in part tied to targeted job cuts. According to the firm’s latest accounts, Deloitte’s chief executive of EMEA, Richard Houston, saw his pay increase to £7.1m, almost fifty per cent more [...]
Anthropic partners with British private equity firm to launch consultancy arm October 23, 2026 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 [...]
Lawyers warned they carry the can for juniors using AI October 22, 2026 Lawyers have been warned they remain accountable for supervising AI use within their law firm, particularly when junior employees are operating the technology. The Law Society, an independent body that represents solicitors in England and Wales, issued new guidance on Wednesday setting out the appropriate use of AI in legal work, meaning lawyers cannot blame [...]