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The Financial Reporting Council (FRC) has closed its investigation into KPMG over the auditing firm's work on Entain, the owner of Ladbrokes. The probe, announced in January 2025, centred on Entain's financial statements for the year ended 31 December 2022. It followed significant legal troubles for

The Financial Conduct Authority (FCA) has confirmed it will proceed with an industry-wide redress scheme to compensate motorists who were mis-sold car finance, following a finding by the courts that lenders broke the law by failing to disclose key information to customers.

A man who developed a gambling addiction at the age of 13 has been sentenced after embezzling nearly £96,000 from his employer by exploiting a security flaw in the company's financial systems. Jack Duthie, 27, was working in a financial role at Norwegian oil and gas operator DNO North Sea PLC,

Revolut has delivered a landmark set of financial results, posting record gross profit of $2.3 billion (c. £1.7bn) for 2025 as the London-headquartered fintech giant continued its ascent.

ACCA (the Association of Chartered Certified Accountants) has pledged to work with the Financial Reporting Council (FRC) – the UK’s independent corporate governance and auditor regulator – to improve the audit market for smaller businesses.

The Scottish Event Campus (SEC) has appointed Andrew Healy as its new chief financial officer, bringing over three decades of financial leadership to one of Scotland's most prominent venues. Mr Healy joins from DM Hall, where he served as financial director, following an extensive recruitment proces

The City watchdog, the Financial Conduct Authority (FCA), should ensure that UK companies are ready to meet the growing sustainability reporting challenges. Responding to the consultation Aligning listed issuers’ sustainability disclosures with international standards,  ACCA (the Associat

Registered Social Landlords (RSLs) delivered stronger financial results in 2024/25, but significant pressures on cash and short‑term liquidity continue to affect parts of the sector, according to new analysis from the Scottish Housing Regulator.

Edinburgh-based Earth Blox, a technology company helping organisations understand how nature loss and climate hazards affect financial performance, has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels and fund

Standard Life has reported strong financial results for 2025, with operating cash generation rising 5% to £1,474m and IFRS adjusted operating profit growing 15% to £945m, driven by continued momentum across its core businesses. Workplace pension net inflows held steady at £5.3bn, m

The Prudential Regulation Authority (PRA) has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their Solvency II balance sheet during 2023 and 2024. This resulted in UKI Limited overstating its solvency to the PRA and to t

The Financial Conduct Authority has fined Wood Group £13 million after concluding that a "poor operating culture" at the Aberdeen-based engineering firm led it to publish misleading financial information to investors over a three-year period.

Edinburgh-based software firm Craneware, a provider of financial performance solutions for the US healthcare sector, has posted a 14% increase in adjusted profit before tax to $23.5 million (c. £17.7m), supported by a 6% rise in revenue to $105.7m (c. £79m). These results, for the six mo

The corporate finance team at AAB has been ranked as Scotland’s most active M&A financial adviser for 2025. The firm maintained its top position by advising on 27 transactions during the year, according to the latest Experian MarketIQ report, narrowly ahead of Azets on 26 and K3 Capital Gr

New UK standards for sustainability and climate-related financial disclosures are positive but "should go further", ICAS has said. The highly-anticipated UK Sustainability Reporting Standards (SRS) were published by the UK's Department for Business and Trade this week.