Claims extracted
13
sentences that state something as happening or true
Uncertain
15%
2 of 13 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
93/100
City AM's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
14
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Consultancy services were one of the biggest drivers of UK economic growth in the third quarter, driven by rising demand from firms for AI and tech-related services.
asserted
services → drive → AI
The Office for National Statistics (ONS) reported the economy grew 0.7 per cent between July and October, with the consultancy and computer programming industries, and related activities being “the largest driver of GDP growth across 2026.”
asserted
industries → report → 2026
The information and communications sector grew by 2.1 per cent in the third quarter of this year, the ONS reported, with consultancy, computer programming, and related activities up by 4.4 per cent.
asserted
consultancy → grow → cent
Tamzen Isacsson, chief executive of the Management Consultancies Association (MCA), told City AM the figures “underline the important contribution consulting makes to the UK economy.”
asserted
consulting → tell → economy
“Our latest insight and data from leading firms show strong growth in fee income of six per cent for this year as forecast,” Isacsson said.
asserted
Isacsson → lead → year
“This is being driven in large part by client demand for digital transformation, AI and cyber security advisory services.
asserted
This → drive → transformation
AI in particular is a significant growth area, as organisations move beyond experimentation and look for practical support to deploy the technology effectively and deliver measurable benefits,” she added.
asserted
she → move → benefits
Dean Hughes, head of consulting and digital at London-listed advisory group MHA, told City AM the firm is “seeing organisations across many sectors investing in technology, data, and AI solutions; and they are using advisers to help them do the implementations and manage the risks the tech brings.
asserted
tech → list → risks
”
“This past quarter has been the busiest of the year for MHA’s consulting and digital service line,” he added.
asserted
he → add → line
Accountancy and legal sector revenues rebound
As the consulting sector’s growth soared in the third quarter, both the legal and accountancy sectors saw a boom.
asserted
sectors → rebound → boom
According to the ONS’ latest data, accounting industry revenues rose 13 per cent in September to £4.25bn, up from £3.75bn in August, the sector’s lowest monthly figure so far this year.
uncertain
revenues → accord → August
“August is, of course, always a quieter month due to the holiday season, but it is good to see that September’s revenues bounced back amidst wider UK economic performance that was more positive than many expected,” Julie Matheson, accounting industry regulatory partner at Kingsley Napley, said.
asserted
Matheson → see → Napley
Matheson added, however, that with the “ongoing Iran situation, rising UK inflation and interest rates and the adoption of AI impacting business models, firm leaders would be advised to remain vigilant in their business planning.”
The UK’s legal industry saw revenues spike 15.5 per cent in September to £5.35bn, up from £4.63bn in August, according to ONS’ monthly business survey.
uncertain
revenues → add → survey