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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Vodafone pushes into legal tech market to co-develop AI platform

August 5, 2026

Vodafone has partnered with an AI startup to co-develop a legal tech tool, challenging market heavyweights Harvey and Legora. The telecoms giant has teamed up with Aavalynx to co-develop an AI-driven litigation platform that helps manage and track legal disputes and forecast financial costs tied to these. The AI company told City AM the joint [...]
Boozy lunches still on the menu: Law firms bankroll juniors to schmooze clients in the City

July 31, 2026

The long lunch, a cornerstone for corporate workers wooing clients in the City, has been considered to be on the decline with the rise of hybrid working, stretched budgets, and a new cohort of young professionals opting for alcohol-free options. But at law firms, this tradition is not off the menu; instead, it is being [...]
Rentokil shares slide almost 20 per cent as demand weakens in North America

July 30, 2026

Pest control giant Rentokil’s share price slid 17 per cent on Thursday morning following a slow appetite from the North American residential market. The FTSE 100 firm’s shares tumbled on market open from 443.30p to 398.60p, despite reporting a 6.7 per cent rise in group revenue for the first six months of the year to [...]
Grant Thornton partners pocket £35m from private equity deal

July 28, 2026

Equity partners at professional services giant Grant Thornton’s UK arm received a £35.2m payout after a large stake in the firm was bought by private equity-backer Cinven. According to Companies House filings, as seen by City AM, a considerable one-time payout of £35.2m was made to “certain individuals” who are equity partners at the firm. [...]
EY and London managing partner fined over £1.3m for audit failure

July 28, 2026

Big Four giant EY and its London office managing partner have been hit with a nearly £1.3m fine by the financial watchdog for audit failings related to retailer Made.com in 2021. The Financial Reporting Council (FRC) said the sanction follows an investigation into Julie Carlyle, who manages the City office and a portfolio of many [...]
As it happened: Stocks jump as oil drops; Unilever shares soar on decade-best sales

July 28, 2026

Welcome back to the City AM FTSE 100 liveblog. It’s Tuesday and the UK’s blue-chip index has made strong gains following a peaky start to the day. The markets took a boost yesterday after oil dropped back after reaching two-month highs of more than $100 per barrel last week when the Iran backed-Houthis took responsibility for tanker [...]
Triumph for Tesla as top court rules 5G licensing case should be heard in UK

July 27, 2026

The UK’s highest court has given the green light for Tesla to revive a lawsuit over 5G licensing in its electric cars, after the case was previously dismissed by a panel of judges three years ago. Elon Musk’s carmaker, one of the largest global manufacturers of electric vehicles, sued Avanci, a Texan company that supplies [...]
BP eyes finalising sale of solar arm to Kuwait-backed wealth fund

July 25, 2026

Oil giant BP is in advanced talks to sell its solar power business to an investor backed by Kuwait’s sovereign wealth fund as it moves away from pushing net zero. Private equity firm Qualitas Energy, and Wren House, the infrastructure arm of Kuwait Investment Authority, have joined forces to bid for Lighthouse, BP’s solar business. [...]
Top-end priced UK properties may take four times longer to leave market

July 25, 2026

Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]
Energy operator ‘flying blind’ as net zero push threatens hiked bills and blackouts

July 25, 2026

The UK’s net zero push risks leaving the country with higher electricity bills and more susceptible to blackouts, according to a leaked report commissioned by the national grid system. The report, produced by energy consultancy firm Cornwall Insight for the National Energy System Operator (Neso) and shared with The Times by a whistleblower, revealed that [...]

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By: Rosie Harris-Davison

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