Watchdog slaps BDO with £2m fine over serious audit failings May 28, 2026 Accountancy giant BDO and the former head of its London audit group have been slapped with sanctions by the accounting industry watchdog over its work on the construction engineering firm NMCN. The Financial Reporting Council (FRC) imposed sanctions on the firm and its former partner, Geraint Jones, for significant and serious breaches during the 2019 [...]
KKR to Open New Office in Milan, Strengthening Long-Term Commitment to Italy May 28, 2026 New office reflects KKR’s localisation strategy and opportunity in Italy’s evolving investment landscape
Pinsent Masons is not the only City law firm walking a dangerous AI tightrope May 28, 2026 A junior lawyer at Pinsent Masons used AI to draft misleading emails for a High Court case, highlighting how generational attitudes and lack of training risk new mistakes as law firms rush to adopt new technology, writes Maria Ward-Brennan. It has been a slow burner, but we finally have the first notable UK law firm [...]
Three UK cities make world’s 10 ‘smartest’ tech hubs – and Oxford is higher than Silicon Valley May 28, 2026 London, Oxford and Cambridge are among the 10 most vibrant tech centres in the world, according to a closely watched study which found that Singapore had leapfrogged both Zurich and London to clinch top spot. The two university towns both climbed up the rankings of Z/Yen’s Smart Centres Index, making Britain the only country to [...]
Monzo goes mobile: UK fintech debuts cell service in tie-up with Virgin Media O2 May 28, 2026 Monzo is set to launch its mobile service this summer in the firm’s latest play at diversifying its income from its traditional digital banking roots. The London-based fintech has sealed a tie-up with Virgin Media O2 and 1Global to kick off ‘Monzo Mobile’ – a phone plan and e-sim offering. Virgin will provide the UK [...]
A good deal on the London Stadium was never an option May 28, 2026 In securing a future for the London Stadium, the choice was never a great deal versus a bad deal, but between any deal or no deal at all.
Nepo baby? My daughter was the best for the job May 28, 2026 Nepo babies get a bad rap, but Naked Energy CEO Christophe Williams says hiring his daughter was a business decision.
Ask the expert: Should I invest instead of buying a home? May 28, 2026 Fidelity personal financial specialist Marianna Hunt is back on hand to answer your burning questions, and today a reader wants to know whether to take the plunge and buy a property or invest. Q. I’m in my late 20s and have managed to save around £20,000, which I initially thought I’duse as a deposit to [...]
Londonmaxxing: Capital reclaims European tech crown as money floods into AI and fintech May 28, 2026 London has reclaimed its position as Europe’s leading tech spot, overtaking Paris after a sharp rise in AI investment and a renewed influx of global capital into its startup scene. New figures from Dealroom show London ranked fourth globally in its latest Global Tech Ecosystem Index, behind only Silicon Valley, New York and Boston, after [...]
Challenge Cup: Wigan Warriors chief slams Network Rail over train chaos May 27, 2026 Rugby league chiefs have accused Network Rail of forgetting the North-based code as engineering works look set to cause chaos at this weekend’s Challenge Cup final at Wembley Stadium. After weeks of football finals at the national stadium, rugby league will now take over the 90,000-capacity arena with 60,000 fans expected in north London. But [...]