Regulator fines PwC £95m over Chinese Evergrande audit April 23, 2026 The Hong Kong regulator fined PwC Hong Kong a landmark HK$1bn (£95m) for its role as auditor for the now-liquidated property giant, China Evergrande Group. Back in Janaury 2023, PwC resigned as Evergrande’s auditor following a series of disagreements with the heavily-indebted property developer over its audit of the firm’s 2021 accounts. This came after [...]
Top boss at UK’s largest property fintech ousted for non-financial misconduct April 23, 2026 A top executive at the UK’s largest property fintech has been ousted following allegations of non-financial misconduct, City AM has learnt. Hugo Davies, the former chief capital officer at Lendinvest, is understood to have been dismissed from the company after a whistleblower penned a letter to the chair of the company, along with the City [...]
IGI Announces That It Has Filed Its Full Year 2025 Annual Report on Form 20-F, Including Audited Financial Statements, With the SEC April 22, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has filed its Annual Report on Form 20-F, which includes the Company’s audited financial statements for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission (“SEC”). The report was filed on April 21, 2026 and can [...]
London house prices sink again as wealthiest areas hit April 22, 2026 House prices in London have fallen for the seventh consecutive month, as the capital’s luxury hot spots saw huge slumps in value. House prices dropped more than 12 per cent in Westminster – which includes in-demand areas like Mayfair and Knightsbridge – and 11 per cent in Kensington and Chelsea. The average house price in [...]
Tech firms sign for 400,000 sq ft of London office space in a month April 22, 2026 AI firms have signed for nearly 400,000 sq ft of London office space in under a month, in the biggest rush of tech leasing the capital has seen in a generation. Anthropic confirmed this week it has taken 158,000 sq ft at One Triton Square near Euston in a deal with British Land and Royal [...]
Barclays sweetens mortgage deals as interest rate decision takes focus April 22, 2026 Barclays has become the latest bank to wade into the flurry of mortgage rate cuts as lenders turn their attention to next week’s interest rates decision. The FTSE 100 giant cut rates across more than 20 mortgage products from Wednesday morning. It follows on from a slew of reductions from the likes of HSBC UK, [...]
Aston Villa facing Premier League scrutiny over £55m Warehouse sale April 22, 2026 Aston Villa’s latest accounting manoeuvre – selling “The Warehouse” to the club’s owners for £55m – is yet to be signed off by the Premier League. Some top-flight clubs have avoided breaching spending rules in recent years by selling their stadiums and women’s teams to companies within the same ownership group. In a new twist, [...]
GasEntec to Deliver Landmark Dakar LNG Terminal Supporting Senegal’s Energy Transition April 21, 2026 ELTON Logistics & Services’ jetty-based LNG regasification terminal to become West Africa’s flagship LNG import facility.
As private equity booms, law firm partner moves hit record high April 21, 2026 Partner moves in London’s private equity market are hitting a new high, according to a report that revealed last year’s numbers doubled those of 2024, marking a record for the City’s legal sector. New data from legal search boutique Macrae shows there were 50 movements of partners with practices in the private equity sector in [...]
S&U takes ‘Margaret Thatcher’ approach as profit swells April 21, 2026 Specialist lender S&U recorded a major bump to profit in the last year as the bank said it was following the teachings of former Prime Minister Margaret Thatcher. The London-listed bank – which was founded in 1938 and once known as Sports and Utilities – posted a pre-tax profit of £31.8m in the year ending 5 [...]