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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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All 224 Articles
  • Crispin Odey settles sexual assault claims ahead of trial

    May 14, 2026

    Former hedge fund tycoon Crispin Odey has settled a string of sexual assault allegations brought against him just weeks ahead of a trial that was due next month.  Odey had faced five personal injury claims against him brought by women who accused him of sexual assault. But he has settled four of the claims before [...]

  • UK businesses eyeing shift to ‘more predictable’ tax regimes

    May 14, 2026

    UK businesses are considering relocating abroad for a more stable tax and regulatory landscape, according to new research from consulting and network Baker Tilly International.  The group, in its annual mid-market survey conducted earlier this year, found that out of all nine markets and 1,500 business leaders surveyed, including in the US, China, and India, [...]

  • Jury trial controversy looms over Starmer after King’s Speech points to reform

    May 13, 2026

    Controversial government plans to trim back the use of jury trials were included in the King’s Speech on Wednesday, as an embattled Keir Starmer persevered with an long-trailed overhaul of the UK’s criminal justice system.  The Courts Modernisation Bill could become the latest issue over which Downing Street and the parliamentary Labour Party clash at [...]

  • London-listed defence contractors shed light on impact of wartime economy on City firms

    May 13, 2026

    Two major London-listed defence companies shed fresh light on the sector’s performance during the current bout of geopolitical turmoil on Wednesday, offering insight into the reach of the war time economy into the City. FTSE 100 constituent Babcock International made it onto the top-tier share index’s leaderboard after it unveiled plans to return £200m to [...]

  • Babcock shares shrug off profit drop after £140m hit

    May 13, 2026

    Defence giant Babcock took a £140m hit in the last financial year, which helped drag down the blue-chip firm’s profit growth. The FTSE 100 company recorded revenue of £5.3bn, marking 10 per cent growth compared to the previous financial year. It also announced another round of bumper returns with a £200m share buyback. It came [...]

  • Deloitte: UK Gen Z and Millennials delaying milestones and living ‘payslip to payslip’  

    May 13, 2026

    British Gen Z and Millennials are delaying major life decisions as they live “payslip to payslip”, according to data shared exclusively with City AM from Big Four giant Deloitte.  The data, based on findings from 806 respondents as part of the firm’s annual Gen Z and Millennial Survey, revealed that around 40 per cent of [...]

  • Norwegian billionaire forced back to London in £285m Deutsche Bank dispute

    May 12, 2026

    Norwegian billionaire Alexander Vik has been ordered to return to the City to be interrogated about his hidden assets during a 13-year-long legal dispute with Deutsche Bank.  The bank first sued the business mogul’s company, Sebastian Holdings, in 2009 after the company suffered a series of losses on foreign exchange and equities trade deals during [...]

  • Mike Ashley wins trademark appeal, throwing out eye-watering damages bill 

    May 12, 2026

    The retail empire of business tycoon Mike Ashley has won an appeal challenging damages awarded in a trademark infringement claim, sidestepping paying a potentially stinging bill.  The judgment follows a longstanding legal dispute between the discount sports retailer and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which argued Ashley’s Sports [...]

  • Burges Salmon and Wexler roll out firm-wide legal AI partnership

    May 11, 2026

    Leading UK law firm Burges Salmon is rolling out a new company-wide partnership with legal tech startup Wexler to aid lawyers in litigation work, City AM can reveal.  The Bristol-headquartered legal practice said Wexler is “a reliable option” and the firm-wide partnership follows “a successful integration” of adopting Wexler in the Dispute Resolution team in [...]

  • ASOS shares soar as it offloads Lichfield warehouse to M&S in £66m deal 

    May 11, 2026

     Retail giant ASOS agreed to sell one of its stock warehouses to Marks and Spencer for £66m in the latest sign of its efforts to  save money on rent and improve its financial position. The fashion retailer said the sale of the Lichfield fulfilment centre, which is expected to close by the second half of [...]

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