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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Private equity-backed advisory firm acquires specialist music boutique

August 14, 2026

Mid-tier accountancy and advisory firm BKL has snapped up a smaller counterpart in its latest acquisition, aiming to strengthen its focus on the music, media, and entertainment sector in London. City-based BKL, which offers tax, accounting, and business advisory services, has snapped up specialist music accountancy firm Dales Evans, as it “continues to expand its [...]
Aviva profits jump following Direct Line acquisition

August 14, 2026

FTSE 100 insurance giant Aviva reported its operating profit for the first half of this year to be up 24 per cent, driven by the group’s “strong progress” following its acquisition of Direct Line in 2025. The London-listed insurer, which offers home, car, and life insurance in the UK and serves approximately 25 million customers, [...]
Legora eyes $10bn funding valuation four months after last raise

August 13, 2026

AI legal tech firm Legora is eyeing a new funding round as it aims for a $10bn valuation, nearly double the $5.6bn it raised in April. The Stockholm-based startup, which creates AI tools for law and professional services firms and corporate in-house legal teams to draft and review documents, is reportedly in the early stages of [...]
Winkworth delays legal drama for a month after family feud

August 12, 2026

The family which runs City estate agent Winkworth has agreed to halt its legal spat for at least a month after chair Simon Agace and his wife tried to oust the company’s board, including Agace’s son. The AIM-listed company, run by chief executive Dominic Agace, launched legal proceedings against its chair last week after he [...]
Former Crystal Palace owner John Textor scores temporary block of Brazilian football club share sale

August 12, 2026

Former Crystal Palace owner John Textor has been granted a temporary injunction from the High Court to block City-based administrators from selling his 90 per cent stake in Brazilian football club SAF Botafogo. The order follows the American business mogul launching multiple parallel lawsuits in England, the US, and Brazil against his UK holding company, [...]
Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

August 12, 2026

Justice secretary Alex Norris is facing backlash from senior legal figures on plans to give unmarried couples court-enforced rights after three years of cohabitation, passed on to him by predecessor David Lammy. The government is currently consulting on proposals to reform British couples’ cohabitation rights, which would give the courts power to intervene when unmarried [...]
PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

August 7, 2026

The current headquarters of Big Four giant PwC at 1 Embankment Place is set to be transformed into a “sustainable workspace” in a bid to attract and retain major firms as renters, as it awaits planning permission. City-based property and asset management firm Bridgemont said on Friday it has submitted a planning application to Westminster [...]
Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

August 7, 2026

London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]
TfL greenlights Wayve’s autonomous vehicles in the City

August 6, 2026

Transport for London (TfL) has granted British autonomous driving firm Wayve a licence to operate its cars in the City, a move which will see robotaxis will make their first appearance in the capital later this year. Wayve said on Wednesday that TfL has approved a fleet of autonomous Ford Mustang Mach-E vehicles to operate [...]
TikTok loses court battle over £12.7m child privacy fine

August 5, 2026

TikTok has lost an appeal against a £12.7m fine from the UK’s data protection regulator for illegally processing the data of over 1.4m children under the age of 13. The watchdog hit TikTok with the penalty in April 2023 for breaching the UK’s data protection law, the GDPR, for unlawfully processing the data of children [...]

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By: Rosie Harris-Davison

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