By: Maria Ward-Brennan

Senior Reporter Maria Ward-Brennan is a senior reporter focused on law and professional services. Contact her via email on maria.ward-brennan@cityam.com or X (Twitter) @MariaW_B

All 1424 Articles

SFO drops former AIM London Mining bribery case after decade-long probe

Legal

The Serious Fraud Office (SFO) officially dropped all charges against the former executives of London Mining, a decade after launching its probe into alleged bribery and corruption. The SFO launched an investigation in 2016 into London Mining Plc regarding alleged bribery to secure favourable treatment in Sierra Leone between 2009 and 2014. Former CEO Graeme Hossie, CFO Rachel [...]
FTSE 100 Live: Schroders in £10bn deal; UK economic growth lags

Markets

Good morning and welcome back to the City AM liveblog. It was another record day for the FTSE 100 on Wednesday, which secured its highest close of all time. On a strong day for commodity-related stocks in London, London’s blue-chip index closed 1.14 per cent higher at 10,472p. But it wasn’t all cheery in the [...]
Reform UK’s rise: Will City law firms shift their support?

Legal

Businesses, including law firms, snuggled up to Labour in 2024 but with Reform UK on the agenda, will firms shift their focus before the next election? Unlike in the US, business lobbying of British political parties and the UK government is kept somewhat behind closed doors, but it remains a powerful tool. For professional services, [...]

Financial Reporting Council chair Sir Jan du Plessis to retire

February 11, 2026

The chair of the audit watchdog, Sir Jan du Plessis, has announced his intention to step down from the role at the end of September, when he will retire from corporate and public life. Over his career, the businessman has served as non-executive chairman of BT Group, non-executive chairman of Rio Tinto Group, and as [...]
FTSE 100 Live: Heathrow traffic record; Homebuilders call for help

February 11, 2026

Good morning and welcome back to the City AM liveblog. Yesterday the FTSE 100 retreated on a slew of miserable corporate news. Leading the blue-chip index’s downturn was BP, which announced it would suspend its share buyback programme and increase cost-cutting goals as it looks to reverse its fortunes in the next financial year. The [...]
Law Society slams Labour’s ‘crude’ stealth tax on legal clients

February 10, 2026

The Law Society issued a blistering response to the government’s proposal to take the interest law firms earn on money sitting in their client accounts, branding it a “fundamentally flawed” sector-specific tax that threatens the stability of the wider UK legal economy. Last month, the Ministry of Justice opened a consultation on a proposal to [...]
FTSE 100 Live: Natwest shares fall after deal; Political jitters in bond market

February 9, 2026

Good morning and welcome to the City AM liveblog. Markets will have a lot to catch up on this morning after the latest escalation in political dramas over the weekend. Prime Minister Sir Keir Starmer’s chief of staff announced his exit from government amid mounting pressure over the appointment of Peter Mandelson to US ambassador. [...]
Exclusive: Lloyd’s of London quietly shelves Blueprint Two to rethink strategy

February 6, 2026

After years of delays, Lloyd’s of London’s ambitious strategy to digitalise the marketplace has been shelved, as new management under Patrick Tiernan seeks to rethink the approach. Blueprint Two, launched seven years ago, was a programme pitched as delivering a “profound” change in the London specialist and reinsurance market through digitalisation. Lloyd’s, together with the [...]
FTSE 100 Live: Starmer unease rattles markets; Big tech sell-off

February 6, 2026

Good morning and welcome back to the City AM liveblog. Speculation over Keir Starmer’s future has unleashed a fresh round of market unease as investors dumped the pound, UK equities and long-dated government bonds amid rising political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached [...]
Bank of England Live: Interest rates held in narrow 5-4 call

February 5, 2026

Good morning and welcome to the City AM liveblog. The Bank of England’s monetary committee has decided to hold rates in its first meet of the year. Markets – and City AM‘s own Shadow MPC – had placed their bets on a hold as the Bank continues its gradual chop to the base rate. In [...]

UK fintech Zempler Bank gets snapped up for less than half its previous valuation

Why KKR-Arctos is not just about private equity getting bigger

The unlikely City florist that once served the royals

By: Maria Ward-Brennan

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