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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FTSE 100 Live: Unemployment rises; Debenhams’ £35m raise

February 17, 2026

Good morning and welcome back to the City AM liveblog. The UK unemployment rate has risen again this morning, with fresh data from the Office for National Statistics (ONS) showing the rate had surged to 5.2 per cent in the three months to December 2025. This was up from 5.1 per cent in the latest [...]
Winter Olympics 2026: How insurance keeps Milano Cortina on track

February 17, 2026

Every four years, the world’s greatest athletes fight to take gold, but it’s the unseen safety nets, drafted by insurers, that keep the Winter Olympics running smoothly. German-based Allianz became the exclusive insurance partner of the International Olympic Committee (IOC) in 2021, with coverage until the 2032 summer games in Brisbane, under the oversight of [...]
KPMG partner fined for using AI to cheat on internal training

February 16, 2026

A partner at the Big Four firm KPMG has been fined $10,000 (£7,200) for using AI to cheat in an internal training course meant to test knowledge of the technology. KPMG Australia has forced an unnamed audit partner to redo a test after they uploaded training materials to an AI platform to help answer AI-related [...]
FTSE 100 Live: Zurich and Beazley £8bn deal gets time; Defence and bank stocks rally

February 16, 2026

Good morning and welcome back to the City AM liveblog. The first round of 2026 tech wobbles kicked into action last week and revived fears of an AI bubble. When Anthropic released a new AI tool designed to help in-house legal teams triage agreements and draft routine responses, the reaction trickled down through law firms straight into [...]
Exclusive: RPC to lose Mike Ashley’s ‘rainmaker’ lawyer

February 13, 2026

City law firm RPC is set to lose one of its highest-billing lawyers, who represents the retail titan Mike Ashley. Long-term partner Jeremy Drew will leave the firm after nearly 20 years in the solicitor’s retail and commercial department, which he also co-led. The star lawyer has been a long-term adviser to Mike Ashley, the [...]
SFO drops former AIM London Mining bribery case after decade-long probe

February 12, 2026

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

February 12, 2026

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?

February 12, 2026

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 [...]

Saba’s final push sparks investment trust reckoning

Back of the Netflix: Sports content is fuelling wave of ad-funded streaming

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

By: Maria Ward-Brennan

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