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 1510 Articles

US tax consultancy faces $12bn threat, but AI could deliver $19bn in gains

January 20, 2026

New research suggests AI could drive a $7bn (£5.2bn) net increase in the US tax consulting industry if firms shift focus from routine compliance to high-value advisory. The report from Source Global Research revealed that despite the potential threat to revenue, over half of all US tax services are expected to be significantly powered by [...]
Labour scraps Audit Reform Bill to ‘avoid’ costs on firms

January 20, 2026

The Audit Reform and Corporate Governance Bill, added into Labour’s first King Speech, is now being scrapped to “avoid significant new costs to firms”. The reform was first raised in 2018 following the collapse of Carillon, but has been on and off the table ever since. The Bill was shelved by the previous government in November 2023 [...]
FTSE 100 Live: Stocks fall as Trump ramps up pressure; Unemployment at four-year high

January 20, 2026

Good morning and welcome back to the City AM liveblog. Thousands more Brits exited the jobs market in November as the estimated number of payrolled employees fell by 33,000. New figures from the Office for National Statistics (ONS) showed the UK unemployment rate for people aged 16 years and hit 5.1 per cent in September [...]
Gatwick’s £2.2bn second runway to be challenged in court

January 19, 2026

Gatwick Airport’s £2.2bn second runway will be the focus of a legal challenge at the High Court on Tuesday, as an environmental group opposes the government’s decision to grant the approval. In September, Gatwick Airport’s second runway, the Northern Runway, received development consent from the transport secretary, Heidi Alexander. Gatwick has had a northern runway [...]
Zurich makes £7.7bn play for Beazley after FTSE 100 firm rejected first offer

January 19, 2026

Zurich Insurance Group has launched its second public pursuit of Lloyd’s of London prominent underwriter Beazley with a revised proposal at 1.280 pence per share, valuing the firm at just under £8bn. At the start of the month, Zurich privately submitted a proposal to the Beazley board to acquire 100 per cent of the company [...]
Judge refuses BHP permission to appeal landmark case

January 19, 2026

The High Court has refused mining giant BHP permission to appeal a ruling that found it liable for a dam disaster under both environmental law and the Brazilian civil code. The Melbourne-HQ’d group was sued in London over a deadly dam disaster in Brazil in 2015. Law firm Pogust Goodhead launched a group lawsuit in [...]
CVC and AIG forge landmark $3.5bn investment alliance

January 19, 2026

Private equity firm CVC Capital Partners announced a $3.5bn (£2.61bn) strategic partnership with American International Group (AIG) to support “long-term investment objectives”. As part of the agreement, announced on Monday, AIG will act as a ‘cornerstone investor’, a private equity secondaries evergreen platform, contributing up to $1.5bn from AIG’s existing private equity portfolio. This aims [...]
FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war

January 19, 2026

Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
AI-enhanced deception: The audit industry’s next big test

January 19, 2026

The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]
Tough year ahead as businesses face compliance and investigation storm

January 17, 2026

A wave of complex regulations and cross-border probes is set to test the resilience of businesses worldwide in the coming year; at the same time, resource constraints expose vulnerabilities. A staggering 82 per cent of global businesses fear being hit by cross-border or multi-agency investigations this year, according to a new report by law firm [...]

OpenAI calls for ‘tax on automated labour’ as it sounds alarm on economic risks

The Masters delivers food now, and it’s desire wrapped in identity

Barbican Centre: the brutalist landmark weaving art into everyday London life.

By: Maria Ward-Brennan

All 1510 Articles

Subscribe