Beeks Financial Cloud, which creates stock market trading solutions, has secured the first contract for a “world first” analytics platform. Following launch and a successful proof of concept for Market Edge Intelligence, the Renfrewshire-based company has signed a five-year agreement wor
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Half of UK adults say risk warnings on financial promotions put them off investing, according to new research from Scottish Friendly, whose chief executive Stephen McGee has backed calls for a more balanced approach to communicating investment risk and long-term opportunity. As part of its latest Fa
Private non-financial corporations (PNFCs) borrowed a net £5.5 billion of finance in April, up from £3.7bn in March, according to The Bank of England's latest Money and Credit release. The bulk came through £4.4bn of bank loans and £1.0bn of net commercial paper issuance, par
Deloitte UK has promoted over 6,000 of its people, including 48 new partners, following a very strong financial performance. The promotions, up from approximately 5,600 in 2025, come alongside a series of measures designed to reward skills and experience. Average in-grade salaries will rise by 4.2%,
Russia has passed legislation allowing its central bank and a number of major financial and state institutions to operate their own anti-drone defence systems as Ukrainian long-range strikes continue to test Moscow’s air defences. The law, approved by the State Duma, authorises employees at Ru
Two prominent financial services firms with a strong footprint in Scotland have been recognised in The Sunday Times Best Places to Work 2026. Scottish Friendly and Armstrong Watson were both named in the Best Big Places to Work category following outstanding results in an independent employee engage
The Financial Conduct Authority (FCA) has warned financial firms that further action is required to prevent sanctions breaches, despite noticeable progress being made across the industry.
The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f
Savers are being wrongly ordered to pay thousands of pounds in tax due to flawed calculations by HM Revenue & Customs (HMRC). Under rules introduced in 2016, financial institutions are required to report savers' annual interest earnings directly to the tax authority. This allows HMRC to automati
Deloitte’s UK workforce is poised for significant financial rewards this year as the Big Four firm projects earnings that will surpass its internal profit targets.
OpenAI has released a preview of its new personal finance suite in ChatGPT to Pro users based in the United States. The "new personal finance experience" enables user to connect their financial accounts, see a dashboard of where their money is going and ask ChatGPT questions relating to their financ
The Financial Conduct Authority (FCA), Bank of England and HM Treasury have issued a joint warning that frontier artificial intelligence models now pose a materially heightened cyber threat to regulated firms, and have set out clear expectations on how the sector should respond. In a joint statement
UK financial firms can now move forward with tokenisation and distributed ledger technology (DLT) with greater confidence, following a joint announcement from the Financial Conduct Authority (FCA) and the Bank of England setting out a shared vision for the future of wholesale markets.
Broadridge Financial Solutions, a US-based fintech company, has opened an office in Glasgow to help financial services companies achieve operational resilience at a time of geopolitical tensions. As a provider of business process outsourcing (BPO) services it has launched with a global investment ba
Jamie Marshall puts forward the case that tokenised funds represent a historic opportunity for Scotland's fund management sector to cement its position as a global leader in financial innovation, but warns that the window to act is closing and decisive industry adoption is essential to not lose grou
