Interpath chief fined for breaching confidentiality rules before KPMG spin-off Prof Services The chief executive of restructuring firm Interpath Advisory has been fined for allegedly breaching confidentiality standards before the company was sold to private equity by Big Four accounting giant KPMG, its former owner. The UK’s accounting body, the Institute of Chartered Accountants of England and Wales (ICAEW), said Mark Raddan, a former KPMG board member, [...]
GPTZero founder: Even with watermarks, AI slop isn’t going anywhere Opinion We must learn how AI fits in the writing process effectively, rather than as a short cut to produce spam, writes GPTZero co-founder Alex Cui.
KPMG seeks financial support from parent group in wake of audit scandal Big Four KPMG Australia has asked its parent company for financial support and laid off hundreds of staff after an audit scandal rocked the Big Four firm’s business down under. In its annual results on Monday, the Australian arm of the accounting group said it will cut its workforce by five per cent and partner pay by [...]
Graduate jobs market slumps to new low August 24, 2026 The UK’s ailing graduate jobs market has slumped to a record low as employment costs surge and firms turn to AI for entry-level roles. The number of graduate vacancies in Britain fell 45.6 per cent to 8,383 in the year to July, undercutting the previous low set in May, according to recruitment firm Adzuna. This [...]
Healey oversees unexpected rise in borrowing in first month as Chancellor August 21, 2026 John Healey oversaw an unexpected deficit in the public finances in his first month as Chancellor, according to new data, in a sign the government may be more restricted than first thought ahead of its first budget. New figures released on Friday showed that government borrowing hit £1.8bn in July. Markets had expected the Office for [...]
Todd Boehly and Mark Walter to sell stakes in Chelsea? August 17, 2026 Todd Boehly and Mark Walters could cease being co-owners of Premier League club Chelsea after engaging in talks to sell their respective stakes to Clearlake Capital. The move could value the club at £5.5bn just years after a Boehly-fronted consortium purchased the club for £4.25bn – including promised funds for stadium developments – from the [...]
War and tax: How the UK economy could get knocked off course August 13, 2026 Labour ministers may have some reason to be cheerful about the UK economy’s performance. Torsten Bell, the pensions minister who has long desired top jobs in the Treasury, lambasted “gloomsters” shortly after official data revealed growth in the second quarter of the year was 0.4 per cent. Even Rachel Reeves, who has remained largely silent [...]
UK economy weathers Iran war shocks but slowdown incoming August 13, 2026 The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign that businesses and consumers have so far weathered the worst shocks of the war in Iran. The growth figure from the Office for National Statistics was in line with analysts’ expectations but came alongside a surprise boost [...]
Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget August 13, 2026 We may think it is easy to try to predict how a major tax announcement may impact sentiment based on whether it’s a give or a take. but the evidence shows, there’s no clear correlation between tax cuts and positive reaction, or tax rises and negativity, says Tim Sarson I’ve just come back from a [...]
Burnham facing calls to cut employment red tape as job seekers grow for 41 months August 10, 2026 The government is facing calls to strip red tape around employment after the pool of people looking for jobs in the UK grew for a 41st consecutive month. The number of people on the hunt for work has now grown for nearly three and a half years while the number of available jobs has declined [...]