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The Bank of Scotland has been fined £160,000 by the UK’s sanctions regulator for facilitating transactions that breached financial sanctions imposed on Russia.

UK households are increasingly being run as joint operations, with couples sharing responsibility for everything from financial decision-making to food shopping and cleaning, according to new research from Scottish Friendly. The mutual’s survey of more than 2,000 UK adults shows a clear shift

Grant Thornton UK has announced the return of the Scottish Chief Financial Officer (CFO) Awards in 2026. Now in its third year, the programme shines a spotlight on the exceptional talent of chief financial officers and their teams across Scotland.

Cruden has delivered an improved profitability profile and a strengthened financial platform with the publication of its financial results for the year ended 31 March 2025. For the year, the five-star SME housebuilder reported turnover of £112 million, with profit before tax and exceptional it

The Financial Conduct Authority (FCA) has imposed fines totalling £371,700 on two former finance directors of Carillion plc for their roles in the construction giant's collapse. Richard Adam and Zafar Khan were sanctioned for knowingly issuing misleading statements regarding the company’

Deloitte’s latest survey of UK Chief Financial Officers (CFOs) shows that 59% of the UK’s largest businesses have become more optimistic over the past 12 months on the potential for AI to boost the performance of their own organisation – up from 39% when last measured in the third

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