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Scottish Financial News has recorded a year of robust expansion, increasing its readership and expanding its social media presence. The publication recently surpassed the significant milestone of 10,000 followers on LinkedIn and is currently on track to reach 11,000 in the coming months. In a m

Banks and payment providers are set to gain the freedom to establish their own contactless transaction limits under new rules introduced by the Financial Conduct Authority (FCA). Effective from March 2026, this regulatory shift moves away from the current uniform industry cap, allowing institutions

Beeks Financial Cloud Group PLC has entered into a strategic agreement with nuam, the regional holding company that integrates the stock exchanges of Santiago, Colombia, and Lima. Under this agreement, Beeks will deliver its flagship infrastructure service Exchange Cloud to enable nuam to onboard bo

Cryptocurrencies will be regulated similarly to traditional financial products under new legislation set to come into force in 2027. The Treasury is currently drafting rules that will bring the sector under the strict oversight of the Financial Conduct Authority (FCA).

FinTech Scotland is aiming to help address the growing link between people’s financial situation and their health in later life with the launch of a new initiative that will accelerate innovation through the development of new research, technologies, and services. 

Barrington Exchange, a global foreign exchange management and financial services firm headquartered in Glasgow, has expanded its portfolio to tackle cashflow management. Recognising that long payment cycles, often ranging from 30 to 90 days, were hampering growth in sectors such as manufacturing, wh

Over the next decade at least 18 million people could be offered extra help with their investments and pensions with the introduction of targeted support by the Financial Conduct Authority (FCA). The new service will allow firms to make specific suggestions to consumers – so they can make bett

The Financial Reporting Council (FRC) has opened a new investigation into EY, intensifying the regulatory pressure on the Big Four accountancy firm. The probe concerns the issuance of "unauthorised" audit reports to unnamed companies. According to the FRC, the investigation targets the firm itself a

Independent financial advisers Lonsdale Services has deployed Aveni Assist, an AI automation platform from AI Fintech Aveni, across its wealth management team, resulting in hundreds of hours saved each month and the ability to share information with customers quicker.   Lonsdale introduced Aven

The Financial Conduct Authority (FCA) has announced a package of measures designed to empower retail investment, strengthen wholesale markets, and secure the UK’s status as a global financial centre.

The finances of Registered Social Landlords (RSLs) have been described as "generally stable", although concerns have been raised regarding continued financial pressures. 

Aberdeen-headquartered John Wood Group plc has appointed Jade Moore as group chief financial officer, effective immediately. She replaces interim CFO Iain Torrens, who moves into the CEO role as part of the acquisition agreement with Sidara.

The Bank of England (BoE) has announced its first major loosening of banking regulations since the 2008 financial crisis, cutting the estimated capital UK lenders must hold. Following successful stress tests, the Financial Policy Committee (FPC) lowered the benchmark for tier one capital – the

Kier's chief financial officer Simon Kesterton is stepping down from the group at the end of the year, the firm announced today. As part of the company’s executive team, and an executive director of the Kier Group board, Simon has played a pivotal role in transforming Kier and strengthening it

The soaring cost of ingredients has caused profits at Tunnock's to plummet by nearly 80%, despite the Scottish confectionery brand recording increased turnover in the last financial year.