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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaWe’ll always have DubaiThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyTrump’s war on Iran is spreading. Where does it stop?Donald Trump calls for more US military action in Latin AmericaUS draws up strict new AI guidelines amid Anthropic clashCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe last of Hong Kong’s colonial-era trainee schemesShips in Gulf declare themselves Chinese to dodge attackTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManInvestors are not ready for a true shockUS faced with few good options to tamp down surging oil pricesOil hits highest level since 2023 as Iran war triggers historic surgeClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersWe’ll always have DubaiThe war of unintended consequencesIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManInvestors are not ready for a true shockLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsWomen in the public eye keep watch as online attacks intensifyLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItCompaniesProfessional ServicesAccounting & Consulting ServicesLegal ServicesRecruitment ServicesHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InFinancial servicesWeb of tiny accounting firms audited collapsed MFS property lending empireCreditors owed more than £2bn have made allegations of fraud at insolvent businessKPMG InternationalKPMG picks ex-Australia boss Gary Wingrove as next global chiefUK boss Jon Holt beaten in race to lead 276,000-person Big Four firm internationallySpace industryFT Alphaville. You probably can’t afford to visit the Moon, sorryPioneer$ onlyUK financial regulationMoney laundering controls in professional services ‘perform poorly’, says UK watchdogNew AI assessment systems fail to identify risks, warns Financial Conduct AuthorityUS politics & policyTrump drops battle against law firms over punitive executive ordersAdministration terminates appeals in four cases involving law firms that sued to block measures from taking effectEYJanet Truncale cuts staff and trims costs in her first year as EY bossFilings show CEO has made good on promise to slim down central bureaucracy of Big Four accounting firmUK’s Leading Management ConsultantsBig firms risk believing in their own ‘magic’Consultants will fail to confront their shortcomings if they place too much faith in their reputation-fixing skillsLaura EmpsonUK’s Leading Management ConsultantsPolice get helping hand to tackle new forms of crimesForces in England and Wales are dealing with changes in the way they workUK’s Leading Management ConsultantsHuman skills ‘matter even more’ for early career rolesGraduates with technical insight and business judgment are in high demandUK’s Leading Management ConsultantsConsultancies prioritise the human touchFirms will refocus on employees’ skills this year to set them apart from rivals in AI eraUK’s Leading Management ConsultantsAI start-ups cut ‘red tape’ to speed up tasksA number of consultants have left big firms to create their own software companies to automate common and repetitive workUK’s Leading Management ConsultantsDrone swarms and deal fever: consultants cash in on Europe’s defence pivotEstablished contractors have struggled to innovate and expand quickly to meet demand since Ukraine warMarriage and divorceWealthy spouses are hiding crypto assets in divorce cases, say lawyersDigital currencies add new dimension to old problem of dividing up finances when couples splitPwCPwC clashes with boutique consultancy founded by former executiveBig Four firm moves to protect itself with legal threats against senior figures at Unity Advisory as relationship soursArtificial intelligenceMoody’s alert cites gap in data centre accounting for Big Tech companiesAccounting limitations mean tens of billions in liabilities may be concealed for leasing costsAccounting & Consulting servicesDeloitte shake-up of global structure set to trigger UK leadership raceOverhaul will bind operations in 80 countries across Europe and Middle EastUS companiesConsultancies set for fastest growth in years on back of AI boomCompanies are seeking advice on how to provide energy to data centres and profit from artificial intelligenceLegal servicesLatham & Watkins poaches two more partners from rival Wachtell LiptonThe New York-based Wachtell has suffered rare defections in a hot market for top deals lawyersAccounting & Consulting servicesAccenture combats AI refuseniks by linking promotions to log-insConsulting firms use ‘carrot and stick’ with some senior staff less willing to use technology than junior colleaguesSimpson Thacher & Bartlett LLPTop Kirkland & Ellis debt lawyer defects to Simpson ThacherDavid Nemecek moves after private capital groups pushed back against his tacticsUS financial regulationIf US regulators won’t hold auditors to account, will the courts?Trio of cases provides rulings on how responsible accountants are for spotting fraud and errorsStephen FoleyUK tradeUK quietly shelves £110mn frictionless post-Brexit trade border projectExperts criticise halt to programme that had used Deloitte and IBM as contractorsUK equitiesUK proposes audit changes to attract Chinese listingsRegulator’s move comes amid pressure from government to revive stock marketArtificial intelligenceKPMG partner fined over using AI to pass AI testAccounting firm has caught several staff members in recent months using the technology for internal examsPwCPwC UK applications jump 35% in graduate jobs droughtBig Four accounting firm says it has decided not to automate some junior work so staff can develop judgmentWeb of tiny accounting firms audited collapsed MFS property lending empireKPMG picks ex-Australia boss Gary Wingrove as next global chiefTrump drops battle against law firms over punitive executive ordersFT Alphaville. 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