Chancellor Rachel Reeves’s Autumn Budget has drawn a sharp intake of breath from Scotland’s financial and business community.
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Traders can now bet on the future price of Labubus, among other limited release products, thanks to Kalshi Inc. The American financial exchange and prediction market has partnered with resale giant StockX to launch a novel form of speculation – betting on the future resale value of high-demand
Over £100 million in savings have been set out by the Financial Conduct Authority (FCA), as the regulator proposes to streamline transaction reporting requirements. The FCA receives over seven billion MiFID transaction reports a year used to support the cleanliness, transparency and resi
The Scottish Government has revealed plans to sell approximately £1.5 billion of its own bonds, nicknamed "kilts", starting in the 2026-27 financial year. The announcement by First Minister John Swinney follows rating agencies Moody's and S&P assigning Scotland an investment-grade credit r
Regional private equity and real assets investment manager Foresight Group, has announced it is investing into Mclaggan + co, joining existing investors, Glasgow-based investment firm, N4 Partners. For more than fifty years, Mclaggan has been collaborating with artists and designers to offer screen-
The Financial Conduct Authority (FCA) is strengthening its international footprint by launching a strategic partnership on artificial intelligence (AI) with the Monetary Authority of Singapore (MAS).
Scottish Borders Council is "living beyond its means" and must find ways to "rein in spend" after facing a forecasted £5.6 million budget gap for the rest of the financial year. Suzy Douglas, the council's head of finance, informed the Executive Committee of the "significant budget pressures".
HM Revenue & Customs (HMRC) is set to launch a new US-style incentive programme, offering significant financial rewards to whistleblowers who report large-scale tax fraud.
BDO has been severely reprimanded and fined £6.5 million by the Financial Reporting Council (FRC) following admissions of misconduct by two former audit partners. The fine was reduced to £5.8m due to admissions. The FRC investigation centred on systemic failures in supervision that allow
Shares in Wood Group have resumed trading on the London Stock Exchange, surging as much as 38% after a suspension lasting more than five months.
Scottish cloud computing firm iomart Group has reported a 25% rise in revenue for the first half of the financial year, driven by a major acquisition.
The Financial Conduct Authority (FCA) has proposed a significant shift in market transparency by ending the public identification of firms that short-sell UK-listed companies. In a new consultation, the FCA has outlined plans to stop disclosing the identities of individual short-sellers. Instead, it
Armstrong Watson has appointed Clare Lancaster as a director in its private client tax team. The accountancy, business and financial advisory firm has rapidly expanded its senior tax team in recent months, and Ms Lancaster's is among a string of senior hires and promotions across the business.
The Financial Conduct Authority (FCA) has announced new plans to support the tokenisation of assets, aiming to drive innovation and growth within the UK's £14 trillion asset management sector.
Ofcom has fined Royal Mail £21 million for significant delivery failures.
