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The Financial Reporting Council (FRC) has today initiated an investigation into the audit conducted by EY of the financial statements of Thomas Cook Group Plc for the year ended 20 September 2018.

The Scottish Building Society (SBS) has joined the Scottish Financial Enterprise (SFE). SFE supports Scotland's financial services sector and includes organisations such as HSBC, Investe, Jpmorgan, KPMG and Lloyds Banking Group. It represents an industry that employs over 160,000 people in Scot

Scotland’s universities face rising costs and funding cuts and there is a growing gap in how well different institutions can cope, the public spending watchdog has said in a new report. The universities face various challenges, including a seven per cent (£91 million) real terms cut in g

Ten companies and individuals have been named as finalists across three categories for the Scottish Financial Services Awards 2019, run by Scottish Financial Enterprise (SFE) and sponsored by EY.

Wealth management firm Charles Stanley has announced the appointment of Sam Cowan as a financial planner in Edinburgh. Mr Cowan joins the firm from Tilney, where he has worked since graduating in 2012. A financial planner at Tilney since May 2015, he manages a portfolio of high net worth individuals

Financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017, according to new data obtained by RSM under a freedom of information request.

Castleforge Partners has announced four new tenants at 58 Waterloo Street, Glasgow with finance provider White Oak UK taking the sixth floor, extending to 3,827 sq ft, whilst global insurance firm, Allianz has also secured 3,817 sq ft on the seventh floor. The deals come in quick succession to the r

Mosaic Architecture + Design has been granted Planning in Principle approval for an office development in Glasgow’s International Financial Services District on behalf of property developer Soller Group.

Seven in ten businesses that have attempted to raise capital in the last year have failed at least once, according to the new Dream Bigger: Funding ambition report from Smith & Williamson. The findings in the accountancy firm's report come from a survey of the founders of 501 scale-up compa

The Financial Services Ombudsman (FSO) recorded a five-year high in complaints last year, with more than 388,000 people bringing complaints, up 14 per cent on the year before. The rise was driven by an 89 per cent rise in complaints about consumer credit products and services, including payday lende

Following two years of planning and the completion of a successful pilot in Edinburgh, plans are now underway to launch Scotland’s first nation-wide schools programme for financial services.

The impact Brexit is having on people working in the UK's financial services industry has been revealed by data collected by Artificial Intelligence platform, Talent Ticker. 

Systems to prevent public money being lost to mistakes and fraud in Scotland's councils may be becoming strained, says Scotland’s public spending watchdog for local government. The Accounts Commission says the need for robust scrutiny of financial management at councils is more important now t

EY's estimate of how much financial services companies have committed to move out of the UK and into Europe in the event of a worst-case Brexit scenario has been pushed up to about £1tn, according to the firm's lates survey.

International law firm Dentons has reported its “strongest ever set of financial results” in the UK and Middle East on the back of its merger with Scottish law firm Maclay Murray & Spens. The latest Dentons UK and Middle East LLP consolidated accounts for the financial