By: Rosie Harris-Davison

News Reporter Rosie Harris-Davison is a News Reporter in the Professional Services team, covering the Big Four, law, advisory, and beyond. She previously wrote about tech policy, regulation, and litigation for specialist legal publication Lexology. Email Rosie at rosie.harris-davison@cityam.com.

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HMRC: self-employed workers twice as likely to file taxes late

May 8, 2026

Self-employed workers are twice as likely to file their taxes late compared to higher earners, City AM can reveal, amid renewed focus over the administrative burden facing freelancers and sole traders. Those that are self-employed and on the lowest incomes below the basic tax rate threshold, are “significantly more likely to miss the self assessment [...]
‘Lacking motivation’ – UK employers worry about graduates’ attitude

May 8, 2026

Over half of employers are concerned over the professional conduct of graduate hires, according to new research. As many as 52 per cent of companies said they had increased time spent undertaking professional conduct training and supporting employees in the shift from education to employment, according to the Institute of Student Employers (ISE) The Institute, [...]
Poundstretcher seeks rent cuts in survival bid

May 7, 2026

Discount retailer Poundstretcher is set to be restructured by its owner, Fortress Investment Group, to reduce property-related overheads and avoid closure. The plan will see the retail chain, which operates 298 stores in the UK, stabilise a “substantial fall in turnover” and rising leasehold costs, the Insolvency and Companies Court heard today. In the High [...]
Divorce costs hit finances beyond lawyer fees, says Octopus legal group

May 6, 2026

Divorce costs are financially draining for separating couples in the UK beyond just legal fees, according to a new report from Octopus-owned legal service, Amicable. The report, which surveyed 2,000 UK adults who have either divorced, separated, or dissolved a civil partnership over the last 10 years, found that almost 40 per cent said their [...]
UK businesses struggle with triple threat of costs, cyber risks and stagnant growth

May 6, 2026

The UK consulting sector is expected to grow by nearly 6 per cent this year, amid businesses facing ‘intensifying pressure’ from cost management, cyber security risks, and budget constraints. The Management Consultancies Association (MCA), which represents the consulting sector, has released a new report stating that heightened costs and strapped budgets are “the single biggest concern” for [...]
Iran war costs Next £47m and may drive up prices

May 6, 2026

Retail giant Next has said the ongoing disruption caused by the Iran War has hit it with a £47m increase in costs from climbing energy and transport prices. The FTSE 100 retail and homeware company said that the £27m increase, a sharp rise from it’s previous forecast of £15m, relates mainly to spikes in energy [...]
FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close

May 6, 2026

Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
HMRC handed red card in £584,000 football referee tax lawsuit

May 5, 2026

HMRC has lost a long-running legal battle against the UK’s football refereeing body over the employment status of 60 referees, after the tax authority issued a £584,000 tax bill. In a judgment on Friday, the First Tier Tribunal (FTT) upheld that the referees were self-employed and not employed by the body, the Professional Game Match [...]
Alvarez & Marsal poached FTI heads as firm seeks to challenge Big Four giants

May 5, 2026

Management consultancy firm Alvarez & Marsal has poached its second FTI name to join its recently launched reputation advisory practice as it seeks to challenge the Big Four. The newest recruit, senior director Tom Hufton, joins managing director Rob Mindell to lead the practice, City AM can reveal. The firm’s new practice, launched at the [...]
Stephen Fry launches £100k lawsuit against tech conference over fall

April 30, 2026

Stephen Fry is suing the organisers of tech conference CogX Festival after falling off the stage at the O2 Arena in London and breaking his leg, pelvis, and ribs. Filed in the High Court, the 68-year-old actor and comedian is alleging in his £100,000 claim that the accident, which happened in 2023, was caused by “negligence” from CogX [...]

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By: Rosie Harris-Davison

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