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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

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.