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The Scottish Government's accounts for the 2023-24 financial year have received an unqualified audit opinion, signifying that they are accurate and comply with accounting standards. The accounts record total spend of £53,980 million. An underspend of £277m – around 0.5% of the over

Andrew Tweedie has been appointed to the newly created role of chief financial officer (CFO) at Bancon Group, as the Aberdeenshire-based business reshapes its leadership team with several appointments. As part of the new leadership structure, Bob McAlpine has also been appointed executive chairman,

Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con

Johnston Carmichael’s Wealth team has placed first in the FTAdviser’s annual ranking of the Top 100 financial advisers for the third year running. The industry recognition follows Johnston Carmichael’s Wealth team’s ongoing adoption of innovative processes for clients, and in

Scotland's colleges face mounting financial pressure, with a 17% real-terms funding cut since 2021/22 and a further £32.7 million reduction this fiscal year, Audit Scotland has revealed. The public auditing body's report shows cash balances held by colleges are also forecast to fall. Under the

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland. For the event Grant Thornton UK LLP has again teamed up with fellow founding sponsors Addleshaw Goddard, FWB and Barclays Corporate Banking.

New rules from the Financial Conduct Authority (FCA) to protect access to cash have come into force and are already having a positive impact in local communities. Since the rules were confirmed in July, LINK, which manages the UK’s cash access and ATM network, has reassessed the needs of local

Which? is urging the Financial Conduct Authority (FCA) to crack down on insurers charging excessive interest rates for monthly premium payments. A new investigation by the consumer group reveals some providers are charging APRs as high as 45%, with an average of over 20% across both car and home ins

The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets.

Deloitte has decided to reintroduce in-person interviews for its UK graduate scheme, responding to concerns from the Financial Reporting Council (FRC) over online cheating. The Big Four firm will return to face-to-face interviews from September for graduate and apprenticeship programmes.

STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m. The company attributes this growth to its successful Studios investment strategy, an improving advertising market,

Company directors are being urged to avoid engaging rogue unlicensed insolvency advisors or risk severe financial penalties, being struck off as a director or at worst, a prison sentence, an accountancy firm has warned. "It is very concerning that some directors are engaging the services of unlicens

New data from the Office for National Statistics (ONS) has revealed how families coped with financial pressures in 2022-23. The period was marked by the lingering effects of Covid-19, the Ukraine war's impact on energy prices, persistent inflation, and rising interest rates. Despite facing these cha

In what marks the first time the Financial Conduct Authority (FCA) has fined an audit firm, the regulator has issued PwC a £15 million penalty for failing to report suspicions of fraud at now-defunct London Capital & Finance (LCF).

The Financial Conduct Authority (FCA) has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard.