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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Global trade resilient but uncertainty persists, IMF director warns

December 8, 2025

Trade is expected to stabilise over 2026 but global uncertainty may potentially impact economies by up to two per cent of their GDP, an International Monetary Fund (IMF) director has warned. Jihad Azour, who oversees the MENA, North Africa, Central Asia, and the Caucasus Region, said 2025 was a year “of two cities,” with shocks [...]
Employment Rights Bill: Labour moves to scrap compensation cap for unfair dismissal

December 5, 2025

Businesses could face unlimited compensation for unfair dismissal claims as Labour seeks to appease unions after it abandoned ‘day one’ rights last week. After weeks of Employment Rights Bill ping-ponging over the controversial ‘day one’ rights, the government agreed last week to drop its pledge of ‘day one’ rights in exchange for rights over six [...]
FTSE 100 Live: Unilever demerger; House prices hit record high

December 5, 2025

Good morning and welcome back to the City AM liveblog. The Autumn Budget started nearly an hour earlier than expected on 26 November after the fiscal watchdog leaked its forecasts for the UK and with it all the Labour government’s economic policy for the next year. But start as you mean to end rings true [...]
Birthday cookies and fine dining: Inside the law firm aiming for 5-Star service

December 4, 2025

There are not many office buildings in the City where, just five feet in the door, you receive a personalised greeting, but Addleshaw Goddard’s client services team would put The Ritz to shame. How to stand out in a crowded field? That is the question plaguing most law firms as they battle to grow in [...]
Accountants expect price hikes and job cuts following Budget

December 4, 2025

A chartered accountancy body has urged the government to consult on a path to a single VAT rate to simplify and restore business confidence following the Autumn Budget. The Institute of Chartered Accountants in England and Wales (ICAEW), which represents over 140,000 UK members, reported negative overall sentiment toward the recent Budget. According to exclusive [...]
UK profit dips at BDO as partner numbers hit record

December 2, 2025

Mid-market accountancy giant BDO has seen its profit slip, with the firm blaming challenging market conditions and a significant increase in partner headcount for the decline. BDO UK delivered stable revenues of just £1bn over 2025, a slight dip after becoming a £1bn-turnover firm last year. Profit per equity partner (PEP) fell over 13 per [...]
Government slashes rights to trial by jury in court shake-up

December 2, 2025

Justice secretary David Lammy has confirmed his controversial plans to scrap some jury trials to tackle the nearly 80,000 criminal cases backlog. Speaking in the House of Commons, after a week of outrage following a leak of the plan, Lammy told MPs that he will “follow Sir Brian [Leveson]’s bold blueprint for change”, by creating [...]
Legora CEO: Troubled Robin AI ‘had two parallel business models’

December 2, 2025

The boss of legal tech firm Legora says troubled Robin AI had ‘two parallel business models’. Last month, City AM revealed London-based legal firm Robin AI was put up for sale on an insolvency marketplace after fundraising ambitions fell short. In the same month, it was hit with a winding-up petition by HMRC. The legal [...]
Legora CEO: Law degree is not enough -‘AI knows the law’ – what do you bring?

December 2, 2025

AI has turned the business world on its head and no more so than in the legal sector, where knowledge-intensive roles going toe-to-toe with knowledge-based tech is driving a significant shift in the industry. A lot of the attention has been on the implications of the surge in investment in AI for jobs, especially at [...]
David Lammy promises ‘fast and fair justice’ plan after jury trial leak sparked outrage

December 2, 2025

After a week of criticism following leaked details of plans to scrap some jury trials, David Lammy is expected to address the controversy on Tuesday and outline the next steps in the government’s plan to overhaul the justice system. The backlog at the Crown Court stands at almost 80,000 cases, but the justice secretary has [...]

FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided

Exclusive: O2 Arena bosses pitch to host another Formula 1 launch event

Bowls Club is the City’s most eccentric (and brilliant) pop-up

By: Maria Ward-Brennan

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