Hire process for Kogan to Independent Football Regulator like ‘mafia appointment’ December 2, 2025 The selection of David Kogan as chair of the Independent Football Regulator has been likened to a “mafia appointment in Sicily sometime in the 1950s” at a committee hearing in Parliament. Conservative MP Simon Hoare, chair of the Public Administration and Constitutional Affairs Committee, made the claim during a hearing discussing William Shawcross’s report into [...]
UK profit dips at BDO as partner numbers hit record December 2, 2025 Mid-market accountancy giant BDO has seen its profit slip, with the firm blaming challenging market conditions and a significant increase in partner headcount for the decline. BDO UK delivered stable revenues of just £1bn over 2025, a slight dip after becoming a £1bn-turnover firm last year. Profit per equity partner (PEP) fell over 13 per [...]
OBR chief hits out at ‘misconceptions’ in Treasury briefings December 2, 2025 A top economist at the Office for Budget Responsibility (OBR) has defended a decision to release a letter that contradicted anonymous Treasury briefings in media reports, adding that details in reports were “damaging” to the fiscal watchdog. David Miles, a member of the Budget Responsibility Committee (BRC), told MPs on the Treasury Select Committee that [...]
CI Financial Corp. Announces Private Offering of Euro Notes December 2, 2025 CI Financial Corp. (“CI” or the “Company”) today announced that it intends, subject to market and other conditions, to offer and sell (the “Offering”) in a private placement to eligible purchasers a series of its senior unsecured Euro-denominated notes (the “Notes”). Separately, the Company intends to commence an offering of senior unsecured Canadian dollar-denominated debentures [...]
World is scariest it’s been since Cold War, BAE Systems boss warns December 2, 2025 The world is “probably the scariest it’s been” since the Cold War, the chief financial officer of FTSE 100 defence giant BAE Systems has warned. Brad Greve said the governments BAE Systems supplies “see a risk environment that’s unprecedented” and that the company’s “mission of protecting those who protect us is more important than it [...]
The University of Bergen Uses Gingerbread Houses to Defend Research on Gender, Climate Change and Diversity December 2, 2025 A surreal Christmas ‘Hygge’ experience in Bergen: This December, the University of Bergen invites the public to experience a unique blend of festive cheer and powerful values with the opening of The Academic Gingerbread Town – a celebration of academic freedom, diversity, and democratic principles. The Academic Gingerbread Town is located in the beloved University [...]
Legora CEO: Troubled Robin AI ‘had two parallel business models’ December 2, 2025 The boss of legal tech firm Legora says troubled Robin AI had ‘two parallel business models’. Last month, City AM revealed London-based legal firm Robin AI was put up for sale on an insolvency marketplace after fundraising ambitions fell short. In the same month, it was hit with a winding-up petition by HMRC. The legal [...]
FTSE 100 Live: OBR chiefs face MP grilling; Food inflation slows December 2, 2025 Good morning and welcome back to the City AM liveblog. The Office for Budget Responsibility (OBR) admitted its “worst failure in the 15-year history” of the fiscal watchdog on Monday. This morning, from 10am, two of its remaining spokespeople will be facing a grilling from the Treasury select committee of MPs. The sensational leak of [...]
Legora CEO: Law degree is not enough -‘AI knows the law’ – what do you bring? December 2, 2025 AI has turned the business world on its head and no more so than in the legal sector, where knowledge-intensive roles going toe-to-toe with knowledge-based tech is driving a significant shift in the industry. A lot of the attention has been on the implications of the surge in investment in AI for jobs, especially at [...]
Voters blame Labour for tax hikes amid gloomy outlook December 2, 2025 A majority of voters believe that the raft of tax-raising measures unveiled at last week’s Budget prove that Labour has failed to fix the public finances after more than year in office. Senior Labour officials including Chancellor Rachel Reeves have suggested that the government faced constraints on public finances as a result of international trade [...]