AI is driving McKinsey’s business model and talent overhaul May 15, 2026 McKinsey & Company’s business model is changing to prioritise performance-based pay, a shift largely driven by the impact of AI, City AM understands. The Big Three consulting giant has told senior staff it plans to overhaul its remuneration structure for partners, with more of their pay potentially coming in the form of equity in the US-headquartered partnership. [...]
What does new City minister Rachel Blake have in store for the Square Mile? May 15, 2026 The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]
British Gas to cough up £20m for ‘unfair treatment’ of vulnerable customers May 15, 2026 British Gas is set to cough up £20m after the watchdog closed an investigation into the energy giant and found it “fell short in its treatment of an unacceptable number of vulnerable customers”. The investigation looked into British Gas’ treatment of customers who had prepayment meters (PPMs) installed without permission, with consumers set to benefit [...]
Happy 170th birthday British Land – here’s to 170 more years May 15, 2026 Despite facing industry headwinds like high construction costs, property giant British Land is showing no signs of slowing down on its 170th anniversary, says Joanna Hodgson As millions of Brits headed to polling stations last week for the UK local elections, Emma Cariaga couldn’t help but think about the origins of her employer, the property [...]
Xsolla and Skich Announce Strategic Partnership to Bring Merchant of Record Payments to an Alternative Mobile Game Marketplace May 14, 2026 Partnership Enables Developers To Monetize Games On The Skich Store With Xsolla Handling Payments, Tax Compliance, And Commerce Infrastructure
Nitro Launches Nitro Automate, Integrating Intelligent Document Automation Into Any Workflow, System, and AI Agent May 14, 2026 Eliminate high-volume, manual, and repetitive document work and process thousands of documents in seconds, not hours. Nitro Automate is powered by the same reliable, secure document processing capabilities trusted by 67% of the Fortune 500 and is available now for early access.
AS Graanul Invest Appoints Energy Industry Veteran Lars Christian Bacher as Chief Executive Officer May 14, 2026 AS Graanul Invest (“Graanul” or the “Company”), Europe’s largest producer of sustainable wood pellets used for electricity and heat production, today announces energy industry veteran Lars Christian Bacher will be joining the business as Chief Executive Officer, effective 18 May. Bacher will drive the Company’s growth across Europe as Graanul doubles down on its strategy [...]
Mobix Labs to Acquire U.S. Rare Earth and Critical Minerals Company Powering Defense and National Security May 14, 2026 Proposed Acquisition Would Position Mobix Labs Inside Strategic U.S. Supply Chains Powering Defense, National Security, and AI Infrastructure
Kolibri Global Energy Inc. Announces Highest Quarterly Net Revenue in Company History of $19.6 Million and a 15% Increase in Average Production May 14, 2026 All amounts are in U.S. Dollars unless otherwise indicated: FIRST QUARTER HIGHLIGHTS Revenue, net of royalties was $19.6 million in the first quarter of 2026 compared to $16.4 million for the first quarter of 2025 due to 15% higher production and 2% higher average prices Average production for the first quarter of 2026 was 4,685 [...]
London Marathon CEO Hugh Brasher: 2026 race day was the proudest moment of my career May 14, 2026 We dig into the memory bank of the City's great and good. Today, London Marathon Events CEO Hugh Brasher runs through his career highs and lows.