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The Financial Conduct Authority (FCA) has published research findings into better understanding investors who engage in high-risk investments like cryptocurrencies and foreign exchange. The findings reveal there is a new, younger, more diverse group of consumers getting involved in higher risk inves

The UK Government, through UK Research and Innovation (UKRI), is investing £153 million to develop new products and services based on advances in quantum technologies that will have a significant impact on financial services.

The Association of British Insurers (ABI) is calling for the Money Purchase Annual Allowance (MPAA) to be scrapped in the Budget so pension savers who have had to dip into their retirement savings during the pandemic are not penalised for paying it back when they can. ABI has argued that the change

Harper Macleod recorded a small increase in profits in its last financial year, despite the onset of the pandemic in the final weeks of trading. In its latest accounts filed at Companies House, the firm said it had met all of its strategic aims for the year to March 2020.

Privately-owned contractor GRAHAM has signed a multi-million contract with management consultants Solutino Pte Ltd (design and build contract with 6AQ Development Ltd), revamping a prime office building located in Glasgow’s International Financial Services District (IFSD).

The number of businesses in financial distress in Scotland is continuing to soar with almost 33,000 experiencing early signs of distress in the final quarter of 2020, according to the latest data published today by Begbies Traynor.  This 30% increase compared with the same period the previous y

British Land has appointed Bhavesh Mistry as its new chief financial officer. Mr Mistry is currently deputy chief financial officer at Tesco PLC, a position he has held for over two years. Prior to that he spent more than five years at Whitbread PLC, where he was Finance Director of Whitbread Hotels

The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of its review standard for interim financial statements, International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of

Unity Trust Bank has appointed Dominic Wade as its new chief financial officer. Mr Wade has over 20 years of experience in the financial services sector, including 13 years at NatWest where he held a number of senior positions including head of Brexit response and head of strategic cost reduction.

Nationwide is launching a fresh round of community grants to help people stay in their homes through local charities and partnerships as the bank's latest quarterly poll reveals a 14% drop in financial security. With the government’s furlough scheme coming to an end on 31 October 202

Six highly-respected dispute resolution specialists have teamed up to offer a first of its kind fully online service for the mediation and arbitration of financial services and insurance disputes, aimed at providing a quicker, efficient and more cost-effective alternative to court. With the COVID-19

The Financial Conduct Authority (FCA) is confirming a series of temporary measures today to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus. Following a short consultation, the targeted measures being implemented require fi

Chartered accountants Wylie & Bisset have outlined how Scots facing financial hardship as a consequence of the coronavirus pandemic look set to benefit from the country’s second emergency coronavirus bill. The Coronavirus (Scotland) (No.2) Bill seeks to raise the minimum debt thr

Chartered accountants Wylie & Bisset has cautioned business owners against seeking to borrow their way out of COVID-19 financial difficulties and urged them to engage with financial advisors before rushing to submit a Coronavirus Business Interruption Loan (CBIL) application. While acknowle

Scottish Building Society (SBS) has partnered with Alzheimer Scotland’s free 24-hour hotline to help those living with dementia and their families. Staff at SBS, the world’s oldest building society, are supporting the charity’s volunteers by providing specialist advice on questions