Accountancy firms face margin squeeze as AI disrupts compliance services February 25, 2026 Most UK accountancy firms admit margins on traditional compliance services are under pressure from automation, as professional services firms rethink strategies in the age of AI. According to a report shared exclusively with City AM by Ravical, while most British firms believe margins have increased over the last three years, the majority (63 per cent) [...]
Big Four consulting giants pivot to ‘high-growth verticals’ amid AI disruption February 24, 2026 Following news of Deloitte’s latest expansion, experts predict a wave of restructuring and a “high-growth vertical” focus across the Big Four giants. On Monday, Deloitte revealed its plans to launch a Europe, Middle East, and Africa (EMEA) firm, aiming to build a regional powerhouse that keeps pace with rapid technological change. The new firm will [...]
Citrini Research report rattles markets as AI fears deepen tech sell-off February 24, 2026 A speculative research note imagining an AI-driven economic downturn caused a sharp sell-off in US tech stocks on Monday, adding to pressure already building from new AI tools. The Dow Jones Industrial Average fell 821.9 points on Monday, or 1.7 per cent, while the S&P 500 declined 1 per cent and the Nasdaq Composite slipped [...]
‘I see people doing dumb things’: Jamie Dimon warns of crisis-style AI reckoning February 24, 2026 The world’s most influential banker has drawn parallels to the time before the global financial crisis amid inflated asset prices and peers doing “dumb things”. Jamie Dimon, the top boss of Wall Street behemoth JP Morgan, said: “Unfortunately we did see this in ‘05, ‘06, ‘07, almost the same thing. “The rising tide lifts all [...]
Why US tech firms are circling Wales for AI investment February 24, 2026 With land, connectivity and an enabling regulatory ecosystem, Wales is now on the radar of AI investors, writes Phil Pugh.
Schroders: Mega mergers test tech more than balance sheets February 24, 2026 The real test of most recent mega mergers like Schroders’ takeover by Nuveen lies far from the dealing desks and investment committees – rather It sits inside the nooks and crannies of technology engine rooms that keeps the pulse of modern-day investing pumping, says Gus Sekhon The City loves nothing more than a takeover tale [...]
Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
Tech CEO Daniel Callaghan: My first job was in a sports shop with Rachel Reeves February 19, 2026 We dig into the memory bank of the City’s great and good. Today, the CEO of one of the UK’s fastest-growing tech firms, Daniel Callaghan.
Nearly 100 per cent of sport organisations plan to increase AI use February 19, 2026 Nearly 100 per cent of sports organisations plan to increase their use of AI in the next year, according to the 2026 Global SportsTech Report. The data comes as artificial intelligence’s presence across sport has increased monumentally over recent seasons. The study, undertaken by SportsPro and Sportradar using sports organisations across the industry, states that [...]
US markets rally as tech stocks look to boost AI capabilities February 19, 2026 US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]