Labour scraps Audit Reform Bill to ‘avoid’ costs on firms January 20, 2026 The Audit Reform and Corporate Governance Bill, added into Labour’s first King Speech, is now being scrapped to “avoid significant new costs to firms”. The reform was first raised in 2018 following the collapse of Carillon, but has been on and off the table ever since. The Bill was shelved by the previous government in November 2023 [...]
Starmer is right to play it cool with Trump January 20, 2026 There was a time, really not that long ago, when Davos concerned itself mostly with feel-good sessions on sustainability, inclusive growth, the promise of net zero and various other progressive causes. Who can forget Bono chatting away on stage with Rwanda’s president on the importance of transparency and good governance? Or 2020’s inspiring theme of [...]
AI-enhanced deception: The audit industry’s next big test January 19, 2026 The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]
This is the City’s message for Davos January 19, 2026 The UK is committed to advancing shared priorities at the World Economic Forum, showcasing the City of London’s role as a leading global financial centre through key policy initiatives, leadership in green finance and AI, and significant economic contributions to the country, says Chris Hayward As 2026 gets underway, geopolitical tensions and economic uncertainty continue [...]
Oshkosh Defense to Showcase Combat-Proven JLTV at International Armoured Vehicles Conference January 19, 2026 Only OEM offering fully fielded JLTV directly to allied nations through Direct Commercial Sales; Strengthens UK and European partnerships through collaborative modernization
International Chamber of Commerce, Carbon Measures Announce First Group of Global Experts for Carbon Accounting Panel January 19, 2026 Panelists include senior global leaders from business, academia, and civil society.
Exclusive: Rachel Reeves to lead start-up delegation at Davos January 16, 2026 Rachel Reeves will lead a delegation of entrepreneurs in charge of some of Britain’s fastest growing start-ups to the World Economic Forum in Davos next week, City AM can reveal. The troupe of UK-based founders will join the Chancellor and business secretary Peter Kyle in the Swiss Alps as part of a concerted push by [...]
Musk-Altman rift widens as judge approves court battle January 16, 2026 OpenAI and Microsoft have lost their final bid to avoid a courtroom battle with Elon Musk, with a US judge ruling that the Tesla and xAI founder can proceed to trial over claims that the start-up breached its original charitable mission. The case, set for a jury trial in late April at the District Court [...]
Sally Clarke’s Notting Hill bakery put up for sale after suffering losses January 16, 2026 A bakery business owned by seasoned restaurateur Sally Clarke has been put up for sale on an insolvency marketplace after suffering losses, City AM can reveal. The Notting Hill Bakery, which employs dozens of staff and makes nearly £6m per year selling artisan breads, cakes and cookies, is seeking buyers for all or part of [...]
Industry Leaders Unite to Create First-Ever End-to-End Critical Connectivity Ecosystem Showcase at ISE Barcelona 2026 January 16, 2026 Alfalite, Brainstorm, Dejero, Domo Broadcast Systems, FOR-A, KitPlus, Ontario Soluciones and RGB Spectrum partner to demonstrate revolutionary integrated solution "Where Critical Moments Meet Unbreakable Connections"