EY avoids judgment in £2bn case as Alvarez & Marsal reach ‘confidential agreement’ February 2, 2026 The mammoth legal fight against the Big Four giant EY over its auditing of a former London-listed health giant that collapsed amid fraud allegations has been withdrawn following a settlement. Private hospital operator NMC Health Plc collapsed in April 2020 after being placed into administration, and was delisted from the London Stock Exchange in the [...]
Alex Yee: Why Britain’s fastest marathon runner is sticking with triathlon February 2, 2026 Alex Yee insists he will keep following his heart and return to his first love, triathlon, despite the financial possibilities opened up by his breakthrough marathon performance last month. The two-time Olympic champion in swim-bike-run clocked 2:06:38 in Valencia in December, the second fastest 26.2-mile time by a Briton, behind only Sir Mo Farah. Yee [...]
Keir Starmer is scared to death of Andy Burnham February 2, 2026 Blocking Andy Burnham from standing in the Gorton and Denton by-election shows Starmer is a weak leader whose time in Downing Street will soon be over, says Sacha Lord We are witnessing the beginning of the end of Starmer’s short stint as PM. How is it possible, that someone with such a stomping majority, has [...]
The City is leading the charge against fraud February 2, 2026 Fraud now accounting for 44 per cent of all UK crime, but the City is fighting back, says Chris Hayward Last week marked a generational milestone for policing – and one we must get right. In publishing her long-awaited White Paper, home secretary Shabana Mahmood set out a blueprint to modernise policing in England and [...]
K2 International Expands Financial Lines Capabilities with Acquisition of Rising Edge’s Management Liability Business February 2, 2026 Transaction establishes new division, K2 Executive Risk Limited, led by Yoel Brightman
Pepper Advantage Closes Computershare Deal February 2, 2026 Pepper Advantage, a leading international credit management and technology firm backed by J.C. Flowers & Co., today announces the closure of its acquisition of Computershare’s UK mortgage servicing business, Computershare Loan Services. The strategic acquisition increases Pepper Advantage’s assets under management (AUM) in the UK to around £50 billion and its global AUM to €75 [...]
Urban Pubs and Bars defies hospitality gloom with doubling of profit February 2, 2026 One of London’s biggest pub chains has defied hospitality gloom after posting a more than doubling of profit. Urban Pubs and Bars, which operates more than fifty venues across the capital including The Wren in Bank, the Commercial Tavern in Spitalfields and the Punch Tavern in Fleet Street, saw pre-trax profit climb to £1.7m for [...]
CBI board member Peter Hogg to lead Arcadis’ UK and Ireland business February 2, 2026 The CBI’s senior council chair, Peter Hogg, has been appointed as Arcadis’ country director for the UK and Ireland, City AM can reveal. Hogg is a 28-year veteran of the global design and consultancy firm and will succeed Simon Bimpson, with a focus on leveraging Arcadis’ position in sustainable design to deliver infrastructure that improves [...]
Power skills, not just test scores February 2, 2026 By Olly Tress, Founder Oliver Bonas “I began my education at a very early age, in fact, right after I left college.” Winston Churchill We are living through a period of dramatic and accelerating change. Artificial intelligence, global interconnectivity, and rapid technological disruption are transforming the employment landscape, the economy, and the way we live. [...]
Hundreds of Treasury jobs at risk in civil servant cost-cutting shakeup February 2, 2026 Rachel Reeves wants to slash about 300 of her department’s roughly 2,100 staff by 2030, as HM Treasury plans to offer officials up to £100,000 to take voluntary leave.The proposed cuts to the Treasury are part of a wider drive to reduce Whitehall’s administrative costs by 16 per cent, according to the Financial Times. The [...]