Deloitte and KPMG challenge PwC’s iron grip on FTSE 100 clients June 1, 2026 For the first time in nearly eight years, three of the Big Four giants, Deloitte, KPMG and PwC, are locked in a dead heat for FTSE 100 client dominance. A boardroom reshuffle has loosened PwC’s iron grip on clients from London’s blue-chip index, forcing a historic three-way tie at the top of the FTSE 100 [...]
City policy chairman: 10 years on from Brexit, the UK still needs the EU June 1, 2026 The impact of Brexit on the City has been more nuanced than many predicted, but the fundamental reality endures: we still need each other.
Fintech firms grew four times faster than traditional banks in 2025 June 1, 2026 The explosive growth of the global fintech sector continued in the last year, drastically outpacing its incumbent rivals but faced a challenge in cementing its market share. Fintech firms’ average growth rate was four times faster than that of traditional financial services at an average of 22 per cent in BCG’s Global Fintech Report 2026. [...]
Revolut, Wayve and Elevenlabs join European tech sovereignty push June 1, 2026 The founders behind some of Europe’s biggest technology success stories, including Revolut, Wayve and ElevenLabs, have launched a new push for European tech sovereignty as the continent seeks to build homegrown rivals to Silicon Valley. More than 100 startup founders and chief executives have joined a new ‘built in Europe’ campaign spearheaded by venture capital [...]
House prices will fall by two per cent this year – the most since the financial crisis June 1, 2026 House prices will fall by two per cent for the first time since the financial crisis this year, according to Savills, which warned mortgage hikes as a result of the Iran war had “fundamentally changed the outlook for the housing market”. The property giant was forced to revise down its property price forecast for 2026 [...]
UK music tech faces scale-up crunch as growth funding collapses June 1, 2026 Britain’s music tech sector is facing a scaling crisis, with funding for growth-stage firms collapsing by 90 per cent over the last five years despite the rapid rise of AI and growing investor interest in music licensing infrastructure. A new report from industry body Music Technology UK (MTUK) found investment into growth-stage music tech companies [...]
BCG, Bain and Alvarez & Marsal to ramp up entry level hiring despite AI fears May 31, 2026 Three of the UK’s largest management consultancies are boosting the amount of young people and graduates they recruit this year amid sector-wide concern that AI will disrupt junior hiring. Both Bain & Co and Alvarez & Marsal’s UK bosses said they will be stepping up the amount of junior hires over the next few years [...]
NATO military chief presses UK to accelerate defence pledges May 31, 2026 Nato’s military chief has urged Britain and other allies to speed up the delivery of their defence pledges. Admiral Giuseppe Cavo Dragone, Nato’s military committee chair, said he is “frustrated” by the UK and its allies’ commitments to spend on defence which he said do not stand if there is no equipment to show for [...]
Ministers back SNP probe as Sturgeon refuses to apologise for Murrell May 31, 2026 Two top government ministers have backed an inquiry into the SNP after its former chief executive Peter Murrell admitted to embezzling over £400,000 from the party. Shadow home secretary Chris Philp told the BBC’s Sunday With Laura Kuenssberg that there “should definitely be an inquiry because trust in politics has been fundamentally undermined by the [...]
Key Mandelson file withheld by Cabinet May 31, 2026 The Cabinet Office will not release a key document linking to Peter Mandelson’s vetting following police warnings that it could derail the ongoing investigation into the disgraced peer. Government officials will not release the summary document, complied by the UK Security Vetting Agency (UKSV), following advice from Scotland Yard that it could jeopordise prosecuting Mandelson [...]
