Incoming FRC chair sits on board of construction group facing criminal probe Accountancy The woman in line to become chair of the Financial Reporting Council (FRC) sits on the board of a company currently under criminal investigation, City AM can reveal. Dame Jayne-Anne Gadhia was named by the government last month as the next chair of the accounting watchdog and is set to take over in September when [...]
City law firm sues prominent Emirati business family Lawsuit London-headquartered law firm Charles Russell Speechlys has initiated legal action against investment entities controlled by the prominent Emirati business family Al-Sari, City AM can reveal, marking the latest development in an ongoing multi-jurisdictional dispute with its former client. The case stems from overlapping legal challenges involving entities in the Al-Sari family’s portfolio. The law firm, [...]
UK borrowing costs soar as Iran ceasefire collapses Markets The UK’s borrowing costs have sailed past five per cent for only the third time since the onset of the Iran war, in a headache for Andy Burnham just days before he enters Downing Street. The yield on the UK’s 10-year government bond – the benchmark for a country’s long-term ability to borrow – climbed [...]
Inside Arabian Falcons: The Dubai football side managed by Jonjo Shelvey July 2, 2026 Arabian Falcons have just re-signed Jonjo Shelvey as their manager, with the Dubai football team boasting off-pitch figures such as Jason Puncheon. Matt Hardy investigates Hear someone discussing Arabian Falcons and it would be easy to assume they were talking about either the Peregrine or the Saker – two heritage symbols of the Middle East [...]
FCA seeks injunction against Neil Woodford over ‘unauthorised’ investment advice June 8, 2026 The financial watchdog has launched civil proceedings against former star fund manager Neil Woodford and his comeback venture over allegedly providing unauthorised investment advice. The Financial Conduct Authority (FCA) has started civil proceedings against Woodford and W Four Point Zero FZE, which trades as W4.0. The FCA alleges that Woodford and W4.0, which is registered [...]
Manchester City: Sheikh Mansour faces calls for ban from English football over UAE links to genocide April 17, 2026 Manchester City owner Sheikh Mansour could be barred from the Premier League if the UK government heeds calls to sanction him over alleged links to genocide in Sudan. Human rights group FairSquare has called on the government to investigate the man who has led Manchester City’s transformation into one of the world’s richest and most [...]
For Dubai lawyers, loyalty is now being judged April 13, 2026 Dubai has long been seen as a flexible market where lawyers can reside for a few years before coming back. That could be changing.
Missing US airman rescued as Trump warns “all hell will rain down” April 5, 2026 The US has said it has rescued a service member missing “behind enemy lines” with Trump vowing to escalate the pressure on Tehran with renewed threats. The US president wrote on social media that the rescued aviator is injured but “will be just fine”, noting the rescue involved “dozens of aircraft”. He wrote: “This brave [...]
Exclusive: Formula 1 teams scramble to move freight stuck in Middle East March 20, 2026 Formula 1 teams are scrambling to access key racing components stuck in the Middle East due to the closure of the Strait of Hormuz and the wider Iran conflict, City AM can reveal. The regional tensions have already caused both the Bahrain and Saudi Arabia Grands Prix to be postponed, and potentially cancelled, leaving a [...]
Sun, money and missiles: The dilemma facing British lawyers in the UAE March 19, 2026 The United Arab Emirates (UAE) ranks among the most popular international destinations for British lawyers, to say nothing of influencers, but has the Iranian war burst the bubble? Based on the latest reports from the Law Society and the Solicitors Regulation Authority (SRA) for 2025 and early 2026, there are around 500 to 700 English [...]