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The Financial Services Compensation Scheme, which pays out for claims against banks, building societies, credit unions and insurance, investment and home finance firms, has announced its funding for the new financial year. The financial services industry funds the compensation through a levy to FSCS

Interface Financial Group, the spot factoring company, it to expand its presence in Scotland as demand from SMEs for alternative finance to bank lending continues to grow. IFG, which purchases invoices from firms to help them ease cash flow, is looking to appoint a franchisee in Glasgow in amove tha

The Gleneagles Hotel has seen a near £1 million rise in profits for the financial year prior to its hosting of the Ryder Cup. Latest annual accounts for the iconic golf location filed at Companies House show turnover rose 12 per cent from £38.8m to £43.6m in the 12 months to June 30, 2014.

The latest complaints data published by the Financial Conduct Authority(FCA) has shown financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014. Overall complaints decreased by 7 per cent compared to the previous six months and by 12

The Financial Reporting Council (FRC) has published reforms to its Audit Enforcement Procedure (AEP), modernising its regulatory toolkit. The announcement forms part of the FRC’s broader move to a more integrated, end-to-end regulatory approach, aligning supervisory, investigatory and enforcem

The Financial Reporting Council (FRC) has launched an expansion of its innovation programme, inviting audit firms and listed companies to work directly with the regulator on adopting new technology, simplifying corporate reporting and cutting unnecessary burdens. Three initiatives, developed through

The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

The Financial Reporting Council (FRC) has imposed substantial sanctions on two former group finance directors of Carillion plc, drawing to a close one of the most far-reaching regulatory investigations into a UK corporate failure in recent memory. Richard Adam, Carillion's former group finance direc

The Financial Conduct Authority is grappling with a sharp rise in whistleblowing reports, with new data suggesting the watchdog is struggling to keep pace with its growing caseload. According to figures published by the regulator, the volume of whistleblowing reports submitted in the UK climbed by a

The Financial Conduct Authority (FCA) has issued fresh guidance to firms and consumers following legal challenges to its motor finance compensation scheme, confirming that a tribunal hearing is unlikely before October. The regulator reaffirmed that its priorities remain securing fair compensation fo

The Financial Conduct Authority (FCA) has carried out its first operation with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations.

The Financial Conduct Authority (FCA) has fined Richard Howson £237,700 for his part in misleading statements being issued by Carillion plc. As group chief executive, Mr Howson, was aware of serious financial troubles in Carillion’s UK construction business. He failed to reflect this in

The Financial Conduct Authority faces an uncertain future following a government U-turn on plans to overhaul how auditors are policed. Despite an announcement in the King’s Speech in July 2024 that the current Labour government would advance the long-awaited audit reform and corporate governan

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have announced a package of measures designed to support and expand the mutuals sector. Launched today at an event in Rochdale, the initiative aligns with the UK government’s ambition to double the size of the

The Financial Reporting Council (FRC) has published its annual Audit Market and Competition Update, showing that initiatives to promote a more resilient and competitive audit market have supported firms outside of the Big Four to build their share of Public Interest Entity (PIE) audit engagements. W