Interpath and beyond: The surge of private equity investment in professional services January 5, 2026 It was revealed this morning that Big Four giant KPMG’s former restructuring division, Interpath Advisory, was in exclusive negotiations with Bridgepoint to acquire a majority stake in its business, the latest in a string of private equity deals in the professional services sector. KPMG sold the arm to private equity group HIG Capital in 2021 for £400m. [...]
Littler leads 2026 Premier League Darts roster with £500,000 on line January 5, 2026 Double world champion Luke Littler will head up the 2026 Premier League Darts roster with over £500,000 on the line. Eight players have been selected for the 17-event tournament, which concludes with a May final at London’s O2 Arena. Littler – who won his second consecutive PDC World Championship in his third successive final – [...]
US law firms lead London hiring, fuelled by private capital growth January 5, 2026 Legal recruiters for big law firms in the City had a busy 2025 as hiring for the most senior lawyers surged, with the trend expected to continue into the new year. As employment figures rose in the UK to above the 5 per cent mark in 2025, according to figures by legal recruiter Edwards Gibson, [...]
London’s future will be determined by choices, not rhetoric January 5, 2026 2026 will be the year the City moves from post-Brexit design to delivery, says Chris Hayward As the new year begins, London’s position as a leading global financial centre is often framed in binary terms: rise or decline. That is no bad thing. Competition sharpens performance, and financial centres that assume their leading position rarely [...]
Auction Tech fends off 11 takeover bids from largest shareholder January 5, 2026 Digital marketplace Auction Technology Group has fended off 11 hostile takeover bids from its largest shareholder. The London-listed tech firm said on Monday it had dismissed the latest offer from investment giant FitzWalter Capital, which valued ATG at 360p per share. ATG said the bid – which was received on 23 December – “fundamentally undervalued” [...]
Andy Murray’s luxury hotel returns to profit after losing over £1m January 5, 2026 The five-star hotel owned by Sir Andy Murray returned to profit during its latest financial year, it has been revealed. The firm behind Cromlix Hotel, which is located near the two-time Wimbledon champion’s hometown of Dunblane in Scotland, has posted a profit of £193,379 for the year to 31 March, 2025. The profit has been confirmed [...]
LBC owner loses £140m despite revenue marching towards £1bn January 5, 2026 Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Used car marketplace Motorway takes out £25m loan after losses widen January 5, 2026 Motorway has agreed a fresh £25m loan after the online car marketplace reported widening losses. The London-based tech firm, which hit a valuation of over $1bn in a 2021 funding round, said it secured the loan one day before Christmas Eve, with £15m having already been drawn down by the end of the year. The [...]
Euan Blair edtech Multiverse laid off dozens more staff after losses widened January 5, 2026 An edtech firm founded by Tony Blair’s son Euan laid off dozens more staff after reporting widening losses, its latest accounts show. Multiverse, which was launched in 2016 and hit a valuation of £1.2bn in a 2022 funding round, said it made 55 payments for loss of office in the year to the end of [...]
European office deals rebound in 2025 January 4, 2026 European office deals bounced back last year, as investors ploughed money into transactions after the prospect of a supply crunch revitalised the sector. A total of 21 transactions worth £100m or more were completed in central London as of mid-December, up from the 12 completed during 2024, first reported in the Financial Times. Meanwhile, nine [...]