Legal sector defies headwinds with 4% headcount growth
UK legal firms show resilience with 4% headcount growth and rising partner profits, while navigating cyber threats and cautious AI adoption. Discover the sector's 2025 outlook.
Category : Search result: UK accountancy sector
Banks set to escape tax rises in Reeves budget
Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.
UK construction sheds workers at fastest rate in 5 years
Britain's construction sector faces its steepest workforce decline in five years as rising costs and falling demand create a perfect storm for the industry.
Legal Sector Charges Ahead with AI Governance as UK Government Lags
Britain's top law firms are taking artificial intelligence oversight into their own hands, developing comprehensive frameworks while Westminster delays crucial legislation.
Reform UK Pension Plan Could Cost Billions Extra
Prospect union analysis reveals Reform UK's proposed public sector pension changes could add billions to government spending, raising concerns about fiscal responsibility.
Wetherspoon's cautious on outlook amid budget uncertainty
JD Wetherspoon sounds alarm over rising costs and economic pressures as budget uncertainty threatens pub chain's recovery momentum.
Labor accused of hiding 'jobs for mates' report
Explosive allegations emerge as Labor faces accusations of concealing a damaging report revealing political favouritism in public sector appointments. Opposition demands transparency.
Lawyers: Don't Destroy £60bn Industry Over LLP Reforms
Leading City law firms warn Chancellor's proposed reforms to Limited Liability Partnerships could devastate Britain's competitive legal industry and drive business overseas.
UK Government's AI Spending: Exclusive Figures Revealed
New data exposes the staggering amount UK government departments are pouring into artificial intelligence technology, with spending reaching unprecedented levels across Whitehall.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
Budget Uncertainty Creates 'Brutal' Climate for Boat Show
The prestigious Southampton International Boat Show faces unprecedented challenges as government budget decisions create a 'brutal' climate for marine businesses, with exhibitors feeling 'very attacked' by financial uncertainty.
Bank shares jump despite motor finance scandal fears
Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
London law firms shift to non-equity partner promotions
Major London law firms are increasingly promoting lawyers to non-equity partner roles, signalling a strategic shift in talent retention and financial management within the UK legal sector.
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