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    Michael O’Dwyer

    Chief UK business correspondent

    Michael writes about the intersection between UK business and politics and about the big issues facing British companies and their boards. He was previously the FT’s accountancy correspondent.

    Before that he was a reporter at the Telegraph, covering sectors including financial and professional services. Michael was jointly named young journalist of the year at the Wincott Awards for 2020.

    Email Michael O’Dwyer @_MODwyer   on Twitter (link opens in a new browser window)

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    • Friday, 29 September, 2023
      UK political party conferences
      Labour beats Tories in conference battle to lure business exhibitors

      Starmer’s charm offensive pays off as number of companies buying stands rises ahead of UK general election

      A Labour stall at last year’s conference
    • Thursday, 28 September, 2023
      Management consulting
      Bain hires former UK minister Gerry Grimstone for Saudi project

      Appointment comes after government lifted ban on consultancy tenders imposed over South Africa scandal

      Lord Gerry Grimstone was an unpaid minister for investment
    • Tuesday, 26 September, 2023
      UK politics
      UK manufacturing groups hit out at Sunak’s U-turns on net zero pledges

      Trade associations criticise uncertainty created by ‘huge setback’ to industry planning

      Internal components of a Sunamp heat battery at the Sunamp factory in Tranent, UK
    • Tuesday, 26 September, 2023
      EY
      Santander ditched EY as financial crime consultant over alleged failings

      Group refunded bank millions of pounds after its work ‘went badly wrong over an extended period’

      People sitting on benches with a Santander cashpoint behind them
    • Monday, 25 September, 2023
      HS2
      Scrapping HS2 will damage trust in Britain, warn US buyers of Birmingham City

      Owners of Tom Brady-backed football club say truncating rail line will shake investor confidence

      Tom Wagner, left, and Tom Brady, right, at a Birmingham City game earlier this month
    • Monday, 25 September, 2023
      Labour Party UK
      Labour vows to push through UK audit and corporate governance reforms

      Pledge by shadow business secretary follows legislative delays and rash of company scandals

    • Sunday, 24 September, 2023
      British Business Bank Plc
      British Business Bank makes £135mn loss as tech valuations drop

      State-backed investor warns that ‘unwinding of previous unrealised gains may well continue over next 12-18 months

      Louis Taylor
    • Sunday, 24 September, 2023
      Confederation of British Industry
      CBI secures short-term funding to plug financial shortfall

      Crisis-hit UK business lobby group prepares to attend next week’s Conservative party conference

      Rain Newton-Smith, the CBI’s new director-general
    • Friday, 22 September, 2023
      Conservative Party UK
      Conservatives auction dinner with UK chancellor and golf with David Cameron

      Meal with Jeremy Hunt and three former chancellors sold for £40,000 at party fundraiser

      Montage of David Cameron, Jeremy Hunt and Kemi Badenoch
    • Tuesday, 19 September, 2023
      Confederation of British Industry
      CBI delays annual meeting as it races to secure £3mn funding

      Crisis-hit business lobby group looks to contributions from members and bank loans

    • Monday, 11 September, 2023
      Insolvency
      UK ministers drop insolvency watchdog plans in sector shake-up

      Proposals to regulate firms bring them in line with the likes of audit and legal services

      Bed manufacturer Silentnight’s factory in Barnoldswick, Lancashire
    • Sunday, 10 September, 2023
      PwC
      PwC to curtail consulting work for US audit clients to reduce conflict risk

      New independence policies are challenge to other Big Four accounting firms

      The PwC logo
    • Tuesday, 5 September, 2023
      Alex Gerko
      Gerko’s XTX sues Aviva and L&G over alleged Russian discrimination

      Billionaire’s firm claims asset managers wrongly barred company after Ukraine invasion

      Alex Gerko of XTX
    • Friday, 1 September, 2023
      UK local government finance
      Ministers look to force local councils in England to publish overdue accounts

      Government proposals designed to address backlog of more than 500 financial statements from public bodies

      The façade of Woking Borough Council offices in the town centre of Woking, Surrey, southeast England, UK
    • Thursday, 31 August, 2023
      UK politics
      UK government set to omit audit reform from legislative plans

      Overhaul of accounting regulation and corporate governance is facing fresh delay

      Montage of Kemi Badenoch and logos of Deloitte, KPMG, PwC and EY
    • Monday, 28 August, 2023
      UK companies
      FTSE-listed groups say heavier reporting burden distracts from strategy

      Company secretaries’ survey suggests requirement for extra information is taking up ‘disproportionate time’

    • Tuesday, 22 August, 2023
      Accountancy
      Saudi Arabia consulting boom bolsters PwC’s UK partner pay

      State-backed Middle East clients drive up Big Four firm’s regional revenues by 40%

      The PwC logo on the side of an office building
    • Tuesday, 22 August, 2023
      Bank of England
      Bank of England warns on corporate default risk

      Share of UK companies facing debt stress will rise to 50% by the year-end, says analysis

      The Bank of England
    • Tuesday, 22 August, 2023
      News in-depthUK business
      How a lack of power grid capacity is holding back UK economic growth

      Businesses warn that the struggle to meet demand for new connections is putting decarbonisation plans at risk

    • Monday, 21 August, 2023
      Executive Pay
      FTSE 100 bosses given average 16% pay rises

      Median blue-chip index chief was paid 118 times the median full-time worker in the UK in 2022

      shops in view of skyscrapers in the City of London
    • Saturday, 19 August, 2023
      Confederation of British Industry
      Companies seek to spin off diversity campaign from crisis-hit CBI

      Move aims to insulate Change the Race Ratio from lobby group’s struggle for survival

    • Thursday, 17 August, 2023
      News in-depthLabour Party UK
      Labour rows back on workers’ rights to blunt Tory ‘anti-business’ claims

      Starmer dilutes pledge to boost protections for gig economy as party focuses on winning over Britain’s corporate leaders

      Labour leader Sir Keir Starmer
    • Thursday, 17 August, 2023
      UK Financial Services
      EY warns UK staff over pay as it trims jobs

      Big Four accounting firm has been hit by slowdown in demand for some services

      EY office in City of London
    • Wednesday, 16 August, 2023
      EY
      EY rejects TPG plan to break up firm

      US buyout group had proposed to take stake in consulting arm

      Montage of the logos of EY and TPG
    • Tuesday, 15 August, 2023
      EY
      TPG approaches EY about buying stake in consulting arm

      Deal with private equity group would allow Big Four firm to revive break-up plan

      The EY company logo at their headquarters in London
    Previous page You are on page 1 Next page

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