Essensys founder explores takeover as company woes continue November 28, 2025 Essensys founder Mark Furness is exploring a potential takeover of the company, as it continues to run into financial challenges. Furness, who founded the software and technology company in 2006, has submitted a preliminary proposal to fully acquire the company, which would bring it back into private ownership just six years after completing its London [...]
Autumn Budget: R&D and AI push faces delivery questions November 26, 2025 Rachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK Research and Innovation (UKRI) will receive £38.6bn, including £9bn for government priority sectors such as AI, quantum computing, and engineering biology. Meanwhile, £7bn is set [...]
Autumn Budget: Reeves pledges local NHS care and £300m tech boost November 26, 2025 Rachel Reeves today unveiled a major NHS shake-up in her Autumn Budget, promising faster, local treatment and a tech-driven productivity boost. “We will renew our national health service”, Reeves claimed, highlighting a dual approach aimed at cutting waiting times while modernising frontline services. At the centre of the plan are 250 new Neighbourhood Health Centres, [...]
UK cyber attacks will inevitably increase, HP boss warns November 24, 2025 It is inevitable that the number of cyber attacks faced by UK companies will increase in the coming years, the Northern European boss of technology giant HP has warned. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, Neil Sawyer added that businesses should “stay ahead of the game” in order to help [...]
Clifford Chance AI-driven redundancies hit London business service roles November 21, 2025 Law firm Clifford Chance is preparing for dozens of redundancies after launching a restructuring of its London business services team. Around 10 per cent of the 550 employees are set to lose their jobs, according to the Financial Times. It was reported that the magic circle firm told staff last month that greater use of [...]
UK spinout economy could be Reeves’ next growth lever November 19, 2025 As Chancellor Rachel Reeves prepares to deliver her Autumn Budget, discussions of economic growth often centre on investment and fiscal levers. However, an arguably equally powerful driver of economic growth operates within the nation’s universities. Spinout ventures are turning ideas into viable businesses, attracting investment, generating high-skilled jobs and developing technologies with global reach. In [...]
Yoti revenue surges amid boost from Online Safety Act rules November 18, 2025 Yoti has seen a surge in revenue as the identity verification business was boosted by fresh rules introduced under the Online Safety Act. The London-based business posted a 55 per cent rise in turnover to £20.3m for the year to end March, according to accounts filed with Companies House. “Regulatory issues are central to the [...]
PE, mergers, and AI: Professional services faces its most pivotal moment for 20 years November 18, 2025 The professional services industry is arguably going through its most critical time in the last 20 years. As it sits on its train to the future, where it jumps off will seal its fate, as each move firms take will be critical to what the industry may look like in the next 10 years. While [...]
Confidence in audit quality surges despite knowledge gaps November 17, 2025 Confidence in audit quality has increased but many stakeholders have reported only a partial or limited understanding of the scope of auditor responsibilities, according to new findings. A document from the Centre for Public Interest Audit (CPIA) shows that all three stakeholder groups surveyed – finance directors, equity investors and audit committee chairs – reported [...]
WPP shares jump as embattled advertiser draws takeover interest November 17, 2025 Shares in advertising giant WPP soared as markets opened on Monday following reports the firm was the subject of takeover interest. The FTSE 100 group is said to be in the centre of deals chatter with interest from French rival Havas, as well as private equity firms Apollo and KKR. WPP soared ten per cent [...]