By: Maria Ward-Brennan

Professional Services Editor Maria Ward-Brennan is the Professional Services Editor at City AM, focused on law, Big Four, and other management and accounting consulting firms. She was previously a litigation reporter at The Lawyer. Contact her via email at maria.ward-brennan@cityam.com or X (Twitter) @MariaW_B.

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Exclusive: London forex firm founded by ex-Deputy Mayor Rajesh Agrawal shutters customer accounts

November 28, 2023

Canary Wharf-based RationalFX has suspended its services today, as it claims to not be able to return customer funds
Deloitte and KPMG encourage use of burner phones in Hong Kong

November 28, 2023

Some of the Big Four firms are advising its executives not to use their usual work phones when they travel to Hong Kong. According to the Financial Times, Deloitte and KPMG have asked some US-based staff to use burner phones when they visit this territory. The policy has caused staff to be reluctant to visit [...]
Supreme Court to decide on state immunity of sunken treasure

November 27, 2023

The Supreme Court is due to decide on the first case of state immunity over millions of pounds of salvage sunken silver. The ship at the heart of this dispute is the SS TILAWA, which was sunk in the Indian Ocean on 23 November 1942 by two Japanese torpedoes. The ship was travelling from Bombay [...]
High Court green lights legal action against Shell over oil spills

November 23, 2023

The High Court yesterday green lit a group action against Shell that stems from oil spills in a region of Nigeria. The lawsuit arose out of oil spills that occurred from oil pipelines located around Rivers State in the Niger Delta, which caused environmental damage. The thousands of claimants are from the Ogale and Bille [...]
Rising insolvencies have driven a surge in professional indemnity claims against accountants

November 23, 2023

Professional indemnity claims have risen as accountants are placed into the firing line in insolvency cases.
Big Four firm refuses to audit Hipgnosis Songs Fund accounts

November 23, 2023

In a company update today, Hipgnosis Songs Fund said it is currently undertaking an audit tender process for the 31 March 2024 audit.
Gateley generates small growth despite ‘economic conditions’

November 22, 2023

Listed law firm Gateley has single-digit growth for its first half-year results, but the group's boss envisions a good momentum going into H2.
EY reviews London office headquarters as lease renewal nears

November 21, 2023

EY has launched a property review of its London headquarters as the Big Four firm prepares for the end of its lease. According to The Telegraph, the firm launched a review of its More London office, near London Bridge, as its 25-year lease on the building expires in 2028. Its More London office spans across [...]
Supreme Court rules London Deliveroo riders are not ‘workers’

November 21, 2023

The Supreme Court dismissed Deliveroo’s appeal this morning to consider if London riders should be classed as ‘workers’, bringing an end to the seven year legal battle. The court unanimously rejected Independent Workers’ Union of Great Britain’s appeal, holding that riders are not in an “employment relationship” which means the “trade union activity do not [...]
Capita prepares to cut 900 jobs to bring down costs

November 21, 2023

Outsourcing firm Capita has kicked off a programme that is set to make approximately 900 roles at risk of redundancy as the company tries to cost save. The company’s aim is to double its operating margin to six per cent but in order to do this it needs to cost save £40m per annum on [...]

Tiktok ‘confident’ ahead of Ofcom child safety probe

World Cup demand pushes price of private jet charters up 30 per cent

Oura Ring 5 vs Google Fitbit Air: The battle of the fitness trackers

By: Maria Ward-Brennan

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