Accounting watchdog launches enquiries into Man City auditor BDO October 21, 2026 The Financial Reporting Council (FRC) is considering launching a formal probe into Manchester City’s accounts and its external auditor BDO, after the club was found to have breached the Premier League’s financial rules. In a letter to the government’s business committee, penned by the newly appointed chair, Dame Jayne-Anne Gadhia, the FRC said it is [...]
Alter Domus Appoints André Bourbonnais as Non-Executive Chair October 21, 2026 Former senior leader at BlackRock, PSP Investments, CPP Investments and La Caisse joins leading private markets fund servicer The appointment of Mr. Bourbonnais underscores Alter Domus’ position as the world’s premier global alternative asset servicer
UK debt pile exceeds £3 trillion one week before Healey’s Budget October 21, 2026 The size of the UK public debt topped £3 trillion in September for the first time in official data released one week before John Healey’s Budget. The major milestone reflects the difficulties facing the Chancellor ahead of his maiden fiscal statement. As a share of GDP, public sector debt stood at 94 per cent, about [...]
UK government approves Jackdaw production in North Sea boost October 21, 2026 A major gas field in the North Sea has been re-approved by the government following years of legal rows with environment campaigners. The Jackdaw site, a large offshore natural gas field 150 miles east of Aberdeen, has received the official stamp of approval from the government and is expected to supply gas to the UK [...]
Inflation leaps above expectations to 3.5 per cent October 21, 2026 Inflation jumped to 3.5 per cent in the 12 months to September as the UK economy looks set to suffer the damaging effects of energy price increases caused by the Iran war over the coming months. The consumer price index (CPI) reading rose above market expectations. This was also above last month’s figure of 3.1 [...]
Exclusive: Airwallex and McLaren to renew partnership as valuations soar October 21, 2026 Fintech Airwallex will today extend its partnership with the McLaren Formula 1 team after both organisations enjoyed steep valuation boosts, City AM can reveal. The partnership, initially announced in 2024, will be renewed and upgraded, making Airwallex the Formula 1 constructors’ champions’ AI finance partner. It comes amid a boom for both brands. McLaren was [...]
Bureau Veritas: Double Digit Total Revenue Growth in the Third Quarter of 2026 October 21, 2026 Organic revenue growth sequential improvement; 2026 outlook confirmed
As it happened: FTSE 100 claws back losses; oil hovers as Iran-US talks stall October 21, 2026 Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is looking to claw back losses made this week as investors weigh up the rising price of oil. Brent crude – the international benchmark for oil prices – surged above $110 per barrel on Wednesday, resuming its advance following mixed reports on diplomatic [...]
Companies to shoulder responsibility for harassment outside the office October 21, 2026 Businesses will face harassment risks beyond their own workplaces, including at client meetings, events, and in interactions with suppliers and service providers, as new employment laws take effect at the end of this month. Currently, employers face direct liability only for harassment committed by their own staff. But on 30 October the UK government will [...]
How Hill Dickinson’s Everton stadium gamble redefined law’s marketing playbook October 21, 2026 Hill Dickinson is a rare law firm to gain cut through on the terraces, but its unusual approach to marketing is paying off, writes Maria Ward-Brennan It’s rare to hear a law firm’s name come up in chat among football fans, but Hill Dickinson’s was dropped while I was standing in the home end at [...]