Search: financial focus

People who overlook long-term financial planning during a divorce can face years of financial regret, a University of Edinburgh study has suggested. Researchers found that short-term thinking at time of divorce can leave some losing out on money from paid employment, occupational pension, access to

The Financial Reporting Council (FRC) has released the 23rd edition of its Key Facts and Trends (KFAT) report, offering a comprehensive overview of the UK accountancy and audit landscape. This year's report highlights continued growth in the accountancy profession, with rising membership i

The Financial Conduct Authority (FCA) has outlined proposals for an £11 billion compensation scheme for millions of motorists who were unfairly overcharged for car finance between 2007 and 2024. The £11bn total includes admin fees and is on the lower end of the FCA's previously earmarked

OnPath Energy has achieved financial close on a 33.4MW Scottish onshore wind project after securing financing from NatWest. The six-turbine Mill Rig Wind Farm, which sits between Strathaven and Darvel in South Lanarkshire, will feature some of the UK’s most advanced turbines to maximise energy

The Financial Reporting Council (FRC), as secretariat to the UK Sustainability Disclosure Technical Advisory Committee (TAC), is requesting views from stakeholders on the International Sustainability Standards Board (ISSB)’s recently proposed amendments to the Sustainability Accounting Standar

The Financial Reporting Council (FRC) has opened an investigation into accounting giant Deloitte over eight years of its audits for the FTSE 100 mining firm Glencore, following a major bribery conviction against the commodity trader. The FRC confirmed it is examining Deloitte's audits of Glencore an

The Financial Conduct Authority (FCA) has launched an investigation into Aberdeen-based energy services company, Wood Group, following the discovery of "material weaknesses and failures" in the firm's financial culture.

The Financial Conduct Authority (FCA) has issued a stark warning to homeowners about the "freemen on the land" movement, a group promoting the pseudolegal theory that individuals are not bound by mortgage contracts they do not consent to. This conspiracy theory, gaining traction through social media

The Financial Conduct Authority (FCA) is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors, with similar products already available in other countries.

The Financial Conduct Authority (FCA) has banned Detelina Subeva from the UK financial services industry. Ms Subeva is the third former Credit Suisse employee banned for lacking integrity, following their US convictions for conspiracy to commit money laundering connected to corrupt loans to the Repu

The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they hav

The Financial Conduct Authority (FCA) is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consumers and markets. The live testing service would be a new component of the FCA’s AI Lab, which has been supporting

The Financial Reporting Council (FRC) has fined EY nearly £4.9 million for "serious" breaches of standards in its audits of the failed travel company Thomas Cook. The penalty concludes a near six-year investigation into the firm's work on Thomas Cook's accounts for the financial years 2017 and

The Financial Conduct Authority (FCA) has set out steps it will take to improve access to mortgages.  The FCA is reminding lenders of flexibility in its rules, which can help more people access a mortgage. This forms part of the work, announced in January in a letter to the Prime Minister, to r

City of London financial firms are lobbying the UK government to overhaul cash ISAs. Companies, including BlackRock and Phoenix Group, have urged Chancellor Rachel Reeves to either scrap or significantly reduce tax breaks on these accounts. Fidelity International proposes reducing the Cash Isa annua