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      Burnham told to deliver 10 per cent hospitality VAT after backing tax cut

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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 163 Articles
  • PwC UK chief swipes global role in international shake-up

    June 19, 2026

    The UK boss of PwC has been appointed to head up a larger role in the Big Four firm’s global network as the consultancy looks to centralise decision-making and reshape its international executive structure. Marco Amitrano will take up the new position on 1 July in addition to his current post leading the professional services [...]

  • HMRC secures £190m VAT appeal win against Bolt

    June 17, 2026

    HMRC has won an appeal against ride hailing platform Bolt over how it calculates and pays its VAT, overturning previous decisions that had ruled in favour of Bolt. This follows an appeal hearing last month brought by the tax authority, which had questioned whether Bolt could use the tour operators’ margin scheme (TOMS). Under this [...]

  • From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial

    June 17, 2026

    The former chief executive of cosmetics giant Lush is set to face off against the current chief executive in a 19-day trial that spans more than 30 years of the company’s history and may cost over £6m in legal fees.  The dispute stems from former chief executive Andrew Gerrie’s 2014 exit from the company, after [...]

  • Ex-Lush chief’s lawyers hike costs to ensure their AI model isn’t trained by juniors

    June 16, 2026

    Lawyers for the former chief executive of cosmetics giant Lush, Andrew Gerrie, have hiked their fees ahead of a trial this month, partly as they will not allow junior staff to train their AI model, City AM can reveal.  A court heard this morning that Gerrie’s legal team from Brown Rudnick have pushed up a [...]

  • Social media ban may push children to ‘darker corners of the internet,’ lawyers warn

    June 15, 2026

    Sir Kier Starmer’s announcement to ban social media for under-16s on Monday morning may create privacy issues for children and encourage them to use less regulated platforms, legal experts have warned. Speaking at Downing Street on Monday, the Prime Minister said social media platforms are harming children’s wellbeing and making it easier for their mental [...]

  • Keeping up with the cash: SKIMS’ law firm hits record revenue 

    June 15, 2026

    UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store.  The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]

  • Ditched by clients and Australian government: What is happening down under at KPMG?

    June 15, 2026

    KPMG’s Australian arm has been ditched by the country’s government for audit work until September, following the fallout of allegations that the firm mishandled client information, in the latest nightmare for the Big Four firm down under. The Big Four giant will be unable to bid for any Australian government contracts until September 2026, as [...]

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

    June 11, 2026

    Big Four giant KPMG’s removal of its Friday early finish for employees is affecting branding and souring the mood among staff, who may see this as a signal to reconsider a career at the firm.  Time spent working at a Big Four giant was once a prized bauble to list on a CV. But with [...]

  • Watchdog opens probe into auditors of collapsed lender MFS

    June 11, 2026

    The Financial Reporting Council (FRC) has launched an investigation into the conduct of three accountancy firms and individual accountants involved in auditing the accounts of collapsed mortgage lender, Market Financial Solutions. The accountancy watchdog said it has opened four probes into Magus Chartered Accountants, Berkeley Finch Limited, and Silver Levene (UK), and into a number [...]

  • Kennedys tops £450m global revenue as Middle East conflict helps drive growth

    June 10, 2026

    Law firm Kennedys has reported its 12th consecutive year of growth, surpassing £450m for the first time, with the Middle East conflict partly driving revenue. The City-headquartered firm, which specialises in advising the insurance sector, has generated £457m for the financial year 1 April 2025 to 31 March 2026, up from £428m in the previous [...]

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