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

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Accountancy body reverts to in-person exams over AI cheating fears

December 29, 2025

The UK’s accounting body, which has almost 260,000 members, is planning to halt remote exams amid a surge of students cheating with AI. The Association of Chartered Certified Accountants (ACCA) has said that from March it will no longer allow students to take online exams, except in exceptional circumstances. Remote testing, like in many universities [...]
Everyman boss departs with immediate effect weeks after profit warning

December 29, 2025

The boss of luxury cinema chain Everyman Media Group has stepped down weeks after warning over sales and profits following poor box office trading. Shareholders were informed on Monday morning that Alex Scrimgeour was stepping down as chief executive with immediate effect, with current non-executive director Farah Golant to take over on an interim basis [...]
New Companies House ID rule triggers 30 per cent slump in registrations

December 29, 2025

Companies House’s new rules to prevent fraud have sparked a dramatic fall in new company registrations. As of 18 November, a new law came into effect requiring company directors to verify their identity, with failure to do so carrying enforcement risks. The new rules were part of Companies House’s new ID powers, which aim to [...]
Rolls-Royce boss ‘Turbo Tufan’ on track for record £100m payday

December 29, 2025

The boss of Rolls-Royce is expected to receive a share-based bumper that could exceed £100m, following the turnaround that has seen the engineering group’s market value surge. Tufan Erginbilgic, who took charge at the start of 2023, was awarded 8.3m shares as part of his package deal to take over the FTSE 100 giant. At [...]
BP to sell majority stake in Castrol to US investment firm

December 24, 2025

BP’s share price was slightly up on Wednesday after it announced the sale of a majority stake in its lubricant business to a US investment firm in a deal valuing the unit at $10.1bn (£7.5bn). The FTSE 100 oil giant kicked off the sale process in February, and New York-based Stonepeak has agreed to buy [...]
Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear”

December 24, 2025

Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates. In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and [...]
Keir Starmer urges public to ‘reach out’ as he acknowledges cost-of-living struggle

December 24, 2025

Prime Minister Keir Starmer has acknowledged that many are “still struggling with the cost of living” in a Christmas message posted on Wednesday morning. He said “we should each do our bit” as he urged people to “call around to a neighbour, check in on a friend or a relative who you haven’t heard from [...]
Hedge fund tycoon Alan Howard quits UK for Switzerland

December 23, 2025

The co-founder of Brevan Howard Asset Management, Alan Howard, is the latest wealthy individual to exit the UK following tax hikes imposed by the Labour government. The hedge fund tycoon relocated from Britain to Switzerland in early June, according to an analysis of UK registry filings by Bloomberg. Howard had previously moved from London to [...]
Decluttering after Christmas? Tax expert clarifies rules for selling unwanted gifts on eBay and Vinted

December 23, 2025

Not everyone is thrilled with their Christmas haul, after all, there are only so many novelty socks, scented candles, and mystery kitchen gadgets one household can handle before space starts to run out. Usually, as a result, apps like Vinted see a surge in activity around Christmas, with sellers hoping to offload unwanted gifts. [...]
UK home insurers brace for 2026 losses as premiums set to fall

December 23, 2025

British home insurers are set to finish 2025 in the black, but losses are expected in 2026. According to data exclusively shared with City AM by Deloitte, UK home insurers are set to make an underwriting profit in 2025, with a net combined ratio (NCR) of 98 per cent. For every £1 taken in premiums [...]

Greggs deals help Gerald Ronson’s forecourt business post £100m profit

PM Starmer asked to back £500m Alexandra Palace darts injection

Four funky and flavoursome Jamaican Rums

By: Maria Ward-Brennan

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