Regulator opens triple probe into Prax Group’s oil audits September 11, 2026 The audit watchdog has launched three separate investigations into the auditing of the collapsed UK energy challenger Prax Group. The Financial Reporting Council (FRC) opened probes into the financial oversight and audit of Prax’s parent company, State Oil, and will also examine Big Four KPMG’s audit of the fiscal years ended 28 February 2022 and [...]
Stop hiring on ‘instinct’ September 11, 2026 Relying on your gut to make hiring decisions isn’t bold or gutsy, it’s lazy and negligent, writes Filip Pesek.
Stop arguing about who pays for care and figure out why it costs so much September 11, 2026 Part of the problem with Britain's care system is that we are paying crisis prices for problems that cost much less to prevent.
OpenAI alum moves into ChatGPT maker’s old office in push to serve UK’s fintechs September 11, 2026 A tech firm founded by OpenAI alumni has set up shop in the ChatGPT maker’s old office as it sets its sights on serving the UK’s top fintechs, City AM can reveal. Dust, an AI platform founded by former OpenAI and Stripe engineers Stanislas Polu and Gabriel Hubert, has taken a lease at the Fora [...]
KBRA Assigns Preliminary Ratings to UK Logistics 2026-4 DAC September 10, 2026 KBRA UK (KBRA) is pleased to announce the assignment of preliminary ratings to five classes of UK Logistics 2026-4 DAC, a CMBS single-borrower transaction. The collateral for the transaction is a £613.7 million limited recourse, first lien mortgage loan expected to be originated by Barclays Bank PLC in September 2026. The floating-rate loan is expected [...]
London hotels call on GLA to halt overnight visitor levy plans September 10, 2026 The London Hotel Association is calling on the Greater London Authority (GLA) to pause progress towards the proposed Overnight Visitor Levy (OVL), warning that implementation is moving ahead before the potential economic, commercial and operational consequences have been properly assessed. Following a recent meeting with the GLA, a collective of London hotels from the London [...]
Record Currency Management wins new FX Alpha and Frontier Market mandates September 10, 2026 Record Currency Management Ltd (RCM), a subsidiary of London-listed Record plc (Record Financial Group), is pleased to announce that it has been awarded two new mandates of strategic importance – an FX Alpha mandate and an FX Frontier mandate. RCM is the UK currency management arm of Record Financial Group, the London-listed specialist investment group [...]
Bath City tipped to be next Wrexham after non-league record £6m investment September 10, 2026 A consortium led by mobile gaming entrepreneur Andrew Stalbow has completed a takeover of Bath City FC in a £6m deal said to represent a record investment for non-league football. Stalbow, who helped create the Best Fiends and Angry Birds games franchises, heads an international group of investors which also includes executives from consultancy giant [...]
Agentic Crypto Payments Have Surged by 500%1 in the Last Three Months, Crypto Compliance Must Become Agentic Too September 10, 2026 Elliptic is publishing eight principles for governing agentic on-chain risk: the Elliptic Standard
London can’t leave young people behind September 10, 2026 David Johnston from The Lord Mayor’s Appeal on why tackling the NEET crisis is vital to London’s economy It is striking just how many people I talk to in the City who personally know a young person who is not in education, employment or training (NEET). Sometimes it’s their friend’s child or one of their [...]