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Former Virgin Money chief executive Dame Jayne-Anne Gadhia has been named as the government's preferred candidate to chair the Financial Reporting Council (FRC), placing one of the UK's best-known banking figures at the helm of the accounting watchdog. The chartered accountant, who led Virgin Money

Many pension savers approaching retirement lack the confidence to make key financial decisions, with fears of making costly mistakes leading some to delay accessing their savings, according to new research from the Department for Work and Pensions (DWP).

New research by Wealth Club, the non-advised investment service for high-net-worth individuals, reveals wealth managers and independent financial advisers increasingly agree that exposure to private markets is now a necessity for retail and HNW investors seeking to capture a broader spectrum of gro

Women are more likely to be worried about affording everyday outgoings over the next 12 months as day-to-day financial pressures threaten long-term savings and investments, new research from Scottish Friendly reveals. The mutual’s latest Family Finance Tracker research shows that 71% of women

The Financial Conduct Authority (FCA) is proposing changes to listing rules for investment trusts which will strengthening shareholder protections. The suggested reforms come in the wake of Saba Capital’s successful ousting of the board of Edinburgh Worldwide Investment Trust in April, replaci

Aviva has received approval from the Financial Conduct Authority (FCA) to provide targeted support to customers. The service, which will launch from summer 2026, is designed to help people make financial decisions through personalised guidance and recommendations, without requiring full financial ad

Beeks Financial Cloud, the Scotland-based markets technology enabler, has seen the value of new contracts signed this month hit $10 million. The Renfrewshire company has added a five-year software contract worth $3m with an existing analytics customer for the deployment of its intelligence software.

Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements. The UK Government is consulting on legislation un

The European Central Bank moved to restrict the operations of Revolut's European arm last year, citing concerns over how rapidly the fintech approved new financial products.

Regulated firms across the financial services sector face renewed scrutiny over misleading online content, as the Financial Conduct Authority (FCA) cracks down on two fronts – deceptive car finance claims adverts and inauthentic customer reviews.

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

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